Universal Music Group (UMG.AS)

Cash on Hand as of December 2023 : HK$0.94 Billion

According to Universal Music Group's latest financial reports the company has HK$0.94 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.

Universal Music Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.55 B	-89.29%
2021-12-31	HK$5.16 B	-52.56%
2020-12-31	HK$10.88 B	243.83%
2019-12-31	HK$3.16 B	15.53%
2018-12-31	HK$2.74 B	-4.44%
2017-12-31	HK$2.86 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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Universal Music Group (UMG.AS) - Cash on Hand