Covestro (1COV.F) - Cash on Hand

Cash on Hand as of September 2024 : HK$7.02 Billion

According to Covestro's latest financial reports the company has HK$7.02 Billion 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.

Covestro - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$5.50 B	-45.37%
2022-12-31	HK$10.08 B	59.91%
2021-12-31	HK$6.30 B	-69.6%
2020-12-31	HK$20.73 B	217.79%
2019-12-31	HK$6.52 B	-15.79%
2018-12-31	HK$7.74 B	-32.9%
2017-12-31	HK$11.54 B	430.31%
2016-12-31	HK$2.17 B	-59.97%
2015-12-31	HK$5.44 B	186.94%
2014-12-31	HK$1.89 B	-69.63%
2013-12-31	HK$6.24 B	1283.9%
2012-12-31	HK$0.45 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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