NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : £3.94 Billion

According to NIO's latest financial reports the company has £3.94 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.

NIO - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£4.68 B	-23.15%
2021-12-31	£6.09 B	27.79%
2020-12-31	£4.76 B	4383.71%
2019-12-31	£0.10 B	-88.8%
2018-12-31	£0.94 B	11.22%
2017-12-31	£0.85 B	1158.27%
2016-12-31	£67.84 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	£0.15 B	-96.03%	🇺🇸 USA
Tesla TSLA	£26.62 B	574.08%	🇺🇸 USA
Lucid Motors LCID	£2.74 B	-30.45%	🇺🇸 USA
Rivian RIVN	£5.33 B	35.00%	🇺🇸 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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