Tencent Music (TME) - Cash on Hand

Cash on Hand as of June 2024 : €3.20 Billion

According to Tencent Music's latest financial reports the company has €3.20 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.

Tencent Music - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€2.82 B	-0.27%
2021-12-31	€2.83 B	-12.74%
2020-12-31	€3.24 B	12.97%
2019-12-31	€2.87 B	29.55%
2018-12-31	€2.21 B	234.37%
2017-12-31	€0.66 B	45.29%
2016-12-31	€0.45 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Perion Network PERI	€0.36 B	-88.64%	🇮🇱 Israel

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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