QLM Life & Medical Insurance Company (QLMI.QA)

Cash on Hand as of June 2024 : HK$2.44 Billion

According to QLM Life & Medical Insurance Company's latest financial reports the company has HK$2.44 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.

QLM Life & Medical Insurance Company - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.64 B	-4%
2022-12-31	HK$2.75 B	88.19%
2021-12-31	HK$1.46 B	-37.83%
2020-12-31	HK$2.35 B	-7.28%
2019-12-31	HK$2.54 B	291.13%
2018-12-31	HK$0.65 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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QLM Life & Medical Insurance Company (QLMI.QA) - Cash on Hand