Globavend (GVH) - Cash on Hand

Cash on Hand as of September 2024 : HK$17.87 Million

According to Globavend's latest financial reports the company has HK$17.87 Million 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.

Globavend - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-09-30	HK$17.85 M	311.4%
2023-09-30	HK$4.33 M	-0.88%
2022-09-30	HK$4.37 M	-45.32%
2021-09-30	HK$8 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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