Fr8Tech (Freight Technologies) (FRGT)

Cash on Hand as of December 2023 : HK$12.12 Million

According to Fr8Tech (Freight Technologies)'s latest financial reports the company has HK$12.12 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.

Fr8Tech (Freight Technologies) - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$7.91 M	-67.81%
2021-12-31	HK$24.58 M	14.64%
2020-12-31	HK$21.44 M	461.26%
2019-12-31	HK$3.82 M	-46.33%
2018-12-31	HK$7.12 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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Fr8Tech (Freight Technologies) (FRGT) - Cash on Hand