Shift Technologies (SFT) - Cash on Hand

Cash on Hand as of June 2023 : HK$0.18 Billion

According to Shift Technologies's latest financial reports the company has HK$0.18 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.

Shift Technologies - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.76 B	-46.54%
2021-12-31	HK$1.42 B	-21.48%
2020-12-31	HK$1.81 B	441.83%
2019-12-31	HK$0.33 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Perion Network PERI	HK$2.98 B	1,550.57%	🇮🇱 Israel

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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