Safety Insurance (SAFT) - Cash on Hand

Cash on Hand as of June 2024 : HK$4.10 Billion

According to Safety Insurance 's latest financial reports the company has HK$4.10 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.

Safety Insurance - Cash on Hand chart (from 2002 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.04 B	-51.89%
2022-12-31	HK$8.40 B	-15.93%
2021-12-31	HK$9.99 B	-1.64%
2020-12-31	HK$10.16 B	2.54%
2019-12-31	HK$9.90 B	5.51%
2018-12-31	HK$9.39 B	-0.95%
2017-12-31	HK$9.48 B	4.13%
2016-12-31	HK$9.10 B	4.05%
2015-12-31	HK$8.75 B	-4.21%
2014-12-31	HK$9.13 B	1.5%
2013-12-31	HK$9.00 B	-3.3%
2012-12-31	HK$9.30 B	6.56%
2011-12-31	HK$8.73 B	2685.96%
2010-12-31	HK$0.31 B	-45.7%
2009-12-31	HK$0.57 B	-47.88%
2008-12-31	HK$1.10 B	206.84%
2007-12-31	HK$0.36 B	76.64%
2006-12-31	HK$0.20 B	-83.83%
2005-12-31	HK$1.26 B	4.48%
2004-12-31	HK$1.20 B	493.8%
2003-12-31	HK$0.20 B	-24.88%
2002-12-31	HK$0.27 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Progressive PGR	HK$68.07 B	1,557.69%	🇺🇸 USA
Allstate ALL	HK$60.79 B	1,380.39%	🇺🇸 USA
Mercury General MCY	HK$7.04 B	71.54%	🇺🇸 USA
American International Group AIG	HK$256.68 B	6,150.60%	🇺🇸 USA

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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