CTT - Correios De Portugal (CTT.LS)

Cash on Hand as of September 2024 : $2.88 Billion USD

According to CTT - Correios De Portugal's latest financial reports the company has $2.88 Billion USD 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.

CTT - Correios De Portugal - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$1.14 B	6.87%
2021-12-31	$1.07 B	47.11%
2020-12-31	$0.72 B	36.21%
2019-12-31	$0.53 B	-13.61%
2018-12-31	$0.61 B	-29.92%
2017-12-31	$0.88 B	23.38%
2016-12-31	$0.71 B	8.52%
2015-12-31	$0.66 B	-18.34%
2014-12-31	$0.80 B	7.41%
2013-12-31	$0.75 B	16.26%
2012-12-31	$0.64 B	16.92%
2011-12-31	$0.55 B	475.2%
2010-12-31	$96.23 M	-85.84%
2009-12-31	$0.67 B	-16.3%
2008-12-31	$0.81 B	-20.43%
2007-12-31	$1.02 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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CTT - Correios De Portugal (CTT.LS) - Cash on Hand