Discover Financial Services (DFS) - Cash on Hand

Cash on Hand as of December 2022 : HK$163.89 Billion

According to Discover Financial Services's latest financial reports the company has HK$163.89 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.

Discover Financial Services - Cash on Hand chart (from 2006 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$164.89 B	141.69%
2021-12-31	HK$68.22 B	-35.11%
2020-12-31	HK$105.15 B	94.99%
2019-12-31	HK$53.92 B	-48.22%
2018-12-31	HK$104.14 B	0.18%
2017-12-31	HK$103.95 B	12.52%
2016-12-31	HK$92.38 B	24.53%
2015-12-31	HK$74.18 B	31.31%
2014-12-31	HK$56.49 B	11.17%
2013-12-31	HK$50.82 B	-28%
2012-12-31	HK$70.58 B
2012-11-30	HK$30.42 B	37.06%
2011-11-30	HK$22.19 B	-43.93%
2010-11-30	HK$39.59 B	-60.76%
2009-11-30	HK$100.90 B	42.71%
2008-11-30	HK$70.70 B	262.33%
2007-11-30	HK$19.51 B	618.15%
2006-11-30	HK$2.71 B	14.08%
2005-11-30	HK$2.38 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Capital One COF	HK$239.61 B	46.20%	🇺🇸 USA
Zions Bancorporation ZION	HK$23.24 B	-85.82%	🇺🇸 USA
TFS Financial TFSL	HK$2.86 B	-98.25%	🇺🇸 USA
Associated Banc-Corp ASB	HK$4.60 B	-97.19%	🇺🇸 USA

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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