Eurofins Scientific (ERF.PA)

Cash on Hand as of December 2023 : €1.25 Billion

According to Eurofins Scientific's latest financial reports the company has €1.25 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.

Eurofins Scientific - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€1.22 B	150.97%
2022-12-31	€0.48 B	-5.57%
2021-12-31	€0.51 B	-43.52%
2020-12-31	€0.91 B	207.21%
2019-12-31	€0.29 B	-41.33%
2018-12-31	€0.50 B	-38.3%
2017-12-31	€0.82 B	-0.69%
2016-12-31	€0.82 B	4.07%
2015-12-31	€0.79 B	266.43%
2014-12-31	€0.21 B	-27.13%
2013-12-31	€0.29 B	121.37%
2012-12-31	€0.13 B	-25.19%
2011-12-31	€0.17 B	66.96%
2010-12-31	€0.10 B	97.76%
2009-12-31	€54.36 M	-58.71%
2008-12-31	€0.13 B	103.28%
2007-12-31	€64.77 M	-19.39%
2006-12-31	€80.35 M	94.84%
2005-12-31	€41.24 M	13.94%
2004-12-31	€36.19 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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Eurofins Scientific (ERF.PA) - Cash on Hand