Gaotu Techedu (GOTU) - Cash on Hand

Cash on Hand as of September 2024 : HK$2.59 Billion

According to Gaotu Techedu 's latest financial reports the company has HK$2.59 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.

Gaotu Techedu - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$4.24 B	-1.06%
2021-12-31	HK$4.28 B	-53.08%
2020-12-31	HK$9.13 B	429.58%
2019-12-31	HK$1.72 B	555.16%
2018-12-31	HK$0.26 B	704.1%
2017-12-31	HK$32.74 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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