Gates Industrial Corp (GTES)

Cash on Hand as of September 2024 : HK$4.46 Billion

According to Gates Industrial Corp's latest financial reports the company has HK$4.46 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.

Gates Industrial Corp - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$5.62 B	24.53%
2022-12-31	HK$4.51 B	-11.95%
2021-12-31	HK$5.13 B	26.98%
2020-12-31	HK$4.04 B	-18.31%
2019-12-31	HK$4.94 B	49.23%
2018-12-31	HK$3.31 B	-24.81%
2017-12-31	HK$4.40 B	7.86%
2016-12-31	HK$4.08 B	55.5%
2015-12-31	HK$2.62 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Twin Disc TWIN	HK$0.15 B	-96.51%	🇺🇸 USA
Timken Company TKR	HK$3.65 B	-18.19%	🇺🇸 USA
Gates Industrial Corp GTES	HK$4.46 B	0.00%	🇺🇸 USA
Altra Industrial Motion AIMC	HK$1.62 B	-63.63%	🇺🇸 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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Gates Industrial Corp (GTES) - Cash on Hand

Cash on Hand as of September 2024 : HK$4.46 Billion