Enact Holdings (ACT) - Cash on Hand

Cash on Hand as of September 2024 : HK$49.25 Billion

According to Enact Holdings's latest financial reports the company has HK$49.25 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.

Enact Holdings - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$46.09 B	9.22%
2022-12-31	HK$42.20 B	-4.91%
2021-12-31	HK$44.38 B	4.11%
2020-12-31	HK$42.63 B	25.85%
2019-12-31	HK$33.87 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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