Lar España Real Estate (LRE.MC)

Cash on Hand as of June 2024 : HK$1.77 Billion

According to Lar España Real Estate's latest financial reports the company has HK$1.77 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.

Lar España Real Estate - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.10 B	27.61%
2022-12-31	HK$1.65 B	-41%
2021-12-31	HK$2.80 B	118.54%
2020-12-31	HK$1.28 B	-8.61%
2019-12-31	HK$1.40 B	-19.57%
2018-12-31	HK$1.74 B	252.64%
2017-12-31	HK$0.49 B	63.88%
2016-12-31	HK$0.30 B	-8.37%
2015-12-31	HK$0.32 B	-33.25%
2014-12-31	HK$0.49 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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Lar España Real Estate (LRE.MC) - Cash on Hand