Guardforce AI (GFAI) - Cash on Hand

Cash on Hand as of December 2023 : $20.23 Million USD

According to Guardforce AI's latest financial reports the company has $20.23 Million 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.

Guardforce AI - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$6.93 M	-45.55%
2021-12-31	$12.72 M	51.28%
2020-12-31	$8.41 M	38.42%
2019-12-31	$6.07 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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