Global Fashion Group (GFG.DE)

Cash on Hand as of December 2023 : NZ$0.71 Billion

According to Global Fashion Group's latest financial reports the company has NZ$0.71 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.

Global Fashion Group - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.67 B	-27.2%
2022-12-31	NZ$0.92 B	-11.67%
2021-12-31	NZ$1.05 B	68.57%
2020-12-31	NZ$0.62 B	35.3%
2019-12-31	NZ$0.46 B	157.57%
2018-12-31	NZ$0.17 B	-57.84%
2017-12-31	NZ$0.42 B	14.54%
2016-12-31	NZ$0.37 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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Global Fashion Group (GFG.DE) - Cash on Hand