Gulf Insurance Group (GINS.KW)

Cash on Hand as of June 2024 : $1.74 Billion USD

According to Gulf Insurance Group's latest financial reports the company has $1.74 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.

Gulf Insurance Group - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$1.53 B	-5.13%
2022-12-31	$1.61 B	-1.1%
2021-12-31	$1.63 B	312.11%
2020-12-31	$0.39 B	-9.54%
2019-12-31	$0.43 B	24.65%
2018-12-31	$0.35 B	15.33%
2017-12-31	$0.30 B	3.22%
2016-12-31	$0.29 B	36.17%
2015-12-31	$0.21 B	-41.53%
2014-12-31	$0.37 B	11.9%
2013-12-31	$0.33 B	23.79%
2012-12-31	$0.26 B	17.91%
2011-12-31	$0.22 B	135.23%
2010-12-31	$96.53 M	-63.99%
2009-12-31	$0.26 B	31.67%
2008-12-31	$0.20 B	-14.23%
2007-12-31	$0.23 B	25.24%
2006-12-31	$0.18 B

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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Gulf Insurance Group (GINS.KW) - Cash on Hand