Emirates Reem Investments Company (ERC.AE)

Cash on Hand as of September 2024 : A$0.11 Billion

According to Emirates Reem Investments Company's latest financial reports the company has A$0.11 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.

Emirates Reem Investments Company - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.10 B	-16.01%
2022-12-31	A$0.12 B	895.19%
2021-12-31	A$12.79 M	129.71%
2020-12-31	A$5.56 M	-8.46%
2019-12-31	A$6.08 M	0.07%
2018-12-31	A$6.07 M	7.56%
2017-12-31	A$5.65 M	-7.89%
2016-12-31	A$6.13 M	41.1%
2015-12-31	A$4.34 M	13.33%
2014-12-31	A$3.83 M	18.17%
2013-12-31	A$3.24 M	-31.15%
2012-12-31	A$4.71 M	5.2%
2011-12-31	A$4.48 M	9231.28%
2010-12-31	A$0.04 M	-70.49%
2009-12-31	A$0.16 M	-7.64%
2008-12-31	A$0.17 M	-91.68%
2007-12-31	A$2.12 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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Emirates Reem Investments Company (ERC.AE) - Cash on Hand