MPC Container Ships (MPCC.OL)

Cash on Hand as of September 2024 : HK$1.05 Billion

According to MPC Container Ships's latest financial reports the company has HK$1.05 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.

MPC Container Ships - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.75 B	-38.42%
2021-12-31	HK$1.22 B	468.91%
2020-12-31	HK$0.21 B	3.08%
2019-12-31	HK$0.20 B	-39.62%
2018-12-31	HK$0.34 B	-62.92%
2017-12-31	HK$0.93 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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MPC Container Ships (MPCC.OL) - Cash on Hand