Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : £9.36 Billion

According to Hermès's latest financial reports the company has £9.36 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.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£9.21 B	12.72%
2022-12-31	£8.17 B	45.6%
2021-12-31	£5.61 B	31.54%
2020-12-31	£4.27 B	14.03%
2019-12-31	£3.74 B	19.45%
2018-12-31	£3.13 B	20.46%
2017-12-31	£2.60 B	31.11%
2016-12-31	£1.98 B	69.31%
2015-12-31	£1.17 B	4.12%
2014-12-31	£1.12 B	27.65%
2013-12-31	£0.88 B	54.65%
2012-12-31	£0.57 B	-34.87%
2011-12-31	£0.87 B	17.44%
2010-12-31	£0.74 B	43.32%
2009-12-31	£0.52 B	-6.05%
2008-12-31	£0.55 B	42.2%
2007-12-31	£0.38 B	1.36%
2006-12-31	£0.38 B	-12.67%
2005-12-31	£0.43 B	-2.4%
2004-12-31	£0.45 B	15.82%
2003-12-31	£0.38 B	14.83%
2002-12-31	£0.33 B	22.81%
2001-12-31	£0.27 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	£9.92 B	6.01%	🇫🇷 France
Prada 1913.HK	£0.60 B	-93.51%	🇮🇹 Italy

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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