Ermenegildo Zegna (ZGN)

Cash on Hand as of December 2023 : HK$3.32 Billion

According to Ermenegildo Zegna's latest financial reports the company has HK$3.32 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.

Ermenegildo Zegna - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$4.80 B	-32.04%
2021-12-31	HK$7.06 B	11.03%
2020-12-31	HK$6.36 B	22.59%
2019-12-31	HK$5.19 B	-24.07%
2018-12-31	HK$6.83 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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Ermenegildo Zegna (ZGN) - Cash on Hand