Tencent Music (TME) - Cash on Hand

Cash on Hand as of June 2024 : HK$26.24 Billion

According to Tencent Music's latest financial reports the company has HK$26.24 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.

Tencent Music - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$23.65 B	-5.35%
2021-12-31	HK$24.99 B	-19.19%
2020-12-31	HK$30.93 B	23.47%
2019-12-31	HK$25.05 B	26.17%
2018-12-31	HK$19.85 B	219.54%
2017-12-31	HK$6.21 B	66.99%
2016-12-31	HK$3.72 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Perion Network PERI	HK$2.98 B	-88.64%	🇮🇱 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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