Hanover Bancorp (HNVR) - Cash on Hand

Cash on Hand as of September 2022 : HK$1.16 B

According to Hanover Bancorp's latest financial reports the company has HK$1.16 B 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.

Hanover Bancorp - Cash on Hand chart (from 2020 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-09-30	HK$1.17 B	-0.35%
2021-09-30	HK$1.17 B	89.45%
2020-09-30	HK$0.62 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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