Gaotu Techedu (GOTU) - Cash on Hand

Cash on Hand as of June 2024 : $0.43 Billion USD

According to Gaotu Techedu 's latest financial reports the company has $0.43 Billion USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Gaotu Techedu - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.54 B	-1.26%
2021-12-31	$0.54 B	-53.35%
2020-12-31	$1.17 B	432.03%
2019-12-31	$0.22 B	558.76%
2018-12-31	$33.62 M	702.25%
2017-12-31	$4.19 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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