Rivian (RIVN) - Cash on Hand

Cash on Hand as of September 2024 : A$10.42 Billion

According to Rivian's latest financial reports the company has A$10.42 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.

Rivian - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$13.75 B	-19.11%
2022-12-31	A$16.99 B	-32.04%
2021-12-31	A$25.01 B	545.59%
2020-12-31	A$3.87 B	19.81%
2019-12-31	A$3.23 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tesla TSLA	A$52.06 B	399.30%	🇺🇸 USA
Lucid Motors LCID	A$5.37 B	-48.48%	🇺🇸 USA
NIO NIO	A$7.72 B	-25.93%	🇨🇳 China

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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