Rocket Companies (RKT) - Cash on Hand

Cash on Hand as of September 2022 : €0.73 Billion

According to Rocket Companies 's latest financial reports the company has €0.73 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.

Rocket Companies - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	€1.88 B	17.43%
2020-12-31	€1.60 B	32.88%
2019-12-31	€1.20 B	30.91%
2018-12-31	€0.92 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
International Paper IP	€0.64 B	-12.10%	🇺🇸 USA
Packaging Corporation of America PKG	€0.52 B	-28.10%	🇺🇸 USA
Graphic Packaging GPK	€0.18 B	-75.18%	🇺🇸 USA
Clearwater Paper CLW	€85.13 M	-88.45%	🇺🇸 USA

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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