The People's Insurance Company (PICC) (601319.SS)

Cash on Hand as of June 2024 : ₹268.26 Billion

According to The People's Insurance Company (PICC)'s latest financial reports the company has ₹268.26 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.

The People's Insurance Company (PICC) - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹9.336 T	3569.08%
2021-12-31	₹254.47 B	-1.87%
2020-12-31	₹259.33 B	6.09%
2019-12-31	₹244.44 B	-37.63%
2018-12-31	₹391.92 B	35.24%
2017-12-31	₹289.80 B	-25.6%
2016-12-31	₹389.53 B	11.66%
2015-12-31	₹348.85 B	1.22%
2014-12-31	₹344.63 B	-15.65%
2013-12-31	₹408.58 B	-34.87%
2012-12-31	₹627.35 B	41.48%
2011-12-31	₹443.40 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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The People's Insurance Company (PICC) (601319.SS) - Cash on Hand