Rand Merchant Investment (RMI.JO)

Cash on Hand as of June 2022 : C$0.72 Billion

According to Rand Merchant Investment's latest financial reports the company has C$0.72 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.

Rand Merchant Investment - Cash on Hand chart (from 2011 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	C$0.65 B	19.42%
2021-06-30	C$0.54 B	13.24%
2020-06-30	C$0.48 B	7.41%
2019-06-30	C$0.44 B	30.59%
2018-06-30	C$0.34 B	42.83%
2017-06-30	C$0.24 B	133.26%
2016-06-30	C$0.10 B	-83.65%
2015-06-30	C$0.63 B	28.5%
2014-06-30	C$0.49 B	55.8%
2013-06-30	C$0.31 B	-16.99%
2012-06-30	C$0.37 B	8.36%
2011-06-30	C$0.35 B

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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Rand Merchant Investment (RMI.JO) - Cash on Hand