NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : A$7.73 Billion

According to NIO's latest financial reports the company has A$7.73 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.

NIO - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$8.32 B	-26.62%
2021-12-31	A$11.34 B	34.22%
2020-12-31	A$8.44 B	4143.75%
2019-12-31	A$0.19 B	-88.36%
2018-12-31	A$1.71 B	15.76%
2017-12-31	A$1.47 B	1172.5%
2016-12-31	A$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	A$0.30 B	-96.03%	🇺🇸 USA
Tesla TSLA	A$52.11 B	574.08%	🇺🇸 USA
Lucid Motors LCID	A$5.37 B	-30.45%	🇺🇸 USA
Rivian RIVN	A$10.43 B	35.00%	🇺🇸 USA

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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