Italgas (IG.MI) - Cash on Hand

Cash on Hand as of December 2023 : HK$2.18 Billion

According to Italgas's latest financial reports the company has HK$2.18 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.

Italgas - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$3.83 B	-68.9%
2021-12-31	HK$12.33 B	93.34%
2020-12-31	HK$6.38 B	178.75%
2019-12-31	HK$2.28 B	84.35%
2018-12-31	HK$1.24 B	4389.71%
2017-12-31	HK$27.65 M	103.87%
2016-12-31	HK$13.56 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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