Actelis Networks (ASNS)

Cash on Hand as of September 2024 : HK$17.41 Million

According to Actelis Networks's latest financial reports the company has HK$17.41 Million 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.

Actelis Networks - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$6.38 M	-85.32%
2022-12-31	HK$43.48 M	704.65%
2021-12-31	HK$5.4 M	22.51%
2020-12-31	HK$4.41 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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Actelis Networks (ASNS) - Cash on Hand