Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : C$1.64 Billion

According to Red Eléctrica's latest financial reports the company has C$1.64 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	C$2.25 B	-2.46%
2021-12-31	C$2.30 B	184.46%
2020-12-31	C$0.81 B	43.45%
2019-12-31	C$0.56 B	-55.79%
2018-12-31	C$1.27 B	48.89%
2017-12-31	C$0.85 B	141.89%
2016-12-31	C$0.35 B	-39.43%
2015-12-31	C$0.58 B	38.87%
2014-12-31	C$0.42 B	33.77%
2013-12-31	C$0.31 B	495.66%
2012-12-31	C$53.02 M	107.53%
2011-12-31	C$25.55 M	5.1%
2010-12-31	C$24.31 M	8.72%
2009-12-31	C$22.36 M	-17.08%
2008-12-31	C$26.96 M	36%
2007-12-31	C$19.82 M	-14.21%
2006-12-31	C$23.11 M	-10.85%
2005-12-31	C$25.92 M	12.13%
2004-12-31	C$23.12 M	239.2%
2003-12-31	C$6.81 M	84.08%
2002-12-31	C$3.7 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