Rumo (RAIL3.SA) - Cash on Hand

Cash on Hand as of September 2024 : A$2.56 Billion

According to Rumo's latest financial reports the company has A$2.56 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.

Rumo - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$2.28 B	-15.07%
2021-12-31	A$2.69 B	17.14%
2020-12-31	A$2.29 B	73.98%
2019-12-31	A$1.32 B	20.82%
2018-12-31	A$1.09 B	-15.21%
2017-12-31	A$1.28 B	156.94%
2016-12-31	A$0.50 B	165.92%
2015-12-31	A$0.18 B	379.69%
2014-12-31	A$39.35 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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