REE Automotive (REE) - Cash on Hand

Cash on Hand as of June 2024 : C$84.5 Million

According to REE Automotive's latest financial reports the company has C$84.5 Million 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.

REE Automotive - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.20 B	-40.69%
2021-12-31	C$0.35 B	494.38%
2020-12-31	C$59.13 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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