Eurofins Scientific (ERF.PA)

Cash on Hand as of December 2023 : $1.34 Billion USD

According to Eurofins Scientific's latest financial reports the company has $1.34 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$1.34 B	158.64%
2022-12-31	$0.52 B	-10.56%
2021-12-31	$0.58 B	-48%
2020-12-31	$1.12 B	237.31%
2019-12-31	$0.33 B	-42.55%
2018-12-31	$0.57 B	-41.17%
2017-12-31	$0.98 B	13.28%
2016-12-31	$0.86 B	0.12%
2015-12-31	$0.86 B	229.43%
2014-12-31	$0.26 B	-35.82%
2013-12-31	$0.41 B	131.12%
2012-12-31	$0.17 B	-23.8%
2011-12-31	$0.23 B	63.01%
2010-12-31	$0.14 B	83.6%
2009-12-31	$77.88 M	-57.69%
2008-12-31	$0.18 B	94.63%
2007-12-31	$94.57 M	-10.8%
2006-12-31	$0.10 B	117.02%
2005-12-31	$48.85 M	-0.5%
2004-12-31	$49.09 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