Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : A$1.87 Billion

According to Red Eléctrica's latest financial reports the company has A$1.87 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.

Red Eléctrica - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$2.43 B	-2.4%
2021-12-31	A$2.49 B	201.85%
2020-12-31	A$0.82 B	33.79%
2019-12-31	A$0.61 B	-53.6%
2018-12-31	A$1.33 B	52.29%
2017-12-31	A$0.87 B	138.72%
2016-12-31	A$0.36 B	-36.81%
2015-12-31	A$0.58 B	30.52%
2014-12-31	A$0.44 B	33.74%
2013-12-31	A$0.33 B	548.27%
2012-12-31	A$51.31 M	109.46%
2011-12-31	A$24.49 M	2.31%
2010-12-31	A$23.94 M	1.21%
2009-12-31	A$23.65 M	-24.74%
2008-12-31	A$31.43 M	38.28%
2007-12-31	A$22.73 M	-9.72%
2006-12-31	A$25.18 M	-17.26%
2005-12-31	A$30.43 M	22.34%
2004-12-31	A$24.87 M	251.88%
2003-12-31	A$7.06 M	69.88%
2002-12-31	A$4.16 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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Red Eléctrica (RED.MC) - Cash on Hand