Gulf Energy Development Public Company (GULF.BK)

Cash on Hand as of September 2024 : NZ$2.45 Billion

According to Gulf Energy Development Public Company's latest financial reports the company has NZ$2.45 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.

Gulf Energy Development Public Company - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.86 B	-3.83%
2022-12-31	NZ$1.93 B	98.82%
2021-12-31	NZ$0.97 B	29.58%
2020-12-31	NZ$0.75 B	19.78%
2019-12-31	NZ$0.62 B	-18.22%
2018-12-31	NZ$0.76 B	-17.55%
2017-12-31	NZ$0.93 B	483.4%
2016-12-31	NZ$0.15 B	166.52%
2015-12-31	NZ$59.82 M	11%
2014-12-31	NZ$53.9 M

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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Gulf Energy Development Public Company (GULF.BK) - Cash on Hand