Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : £0.93 Billion

According to Red Eléctrica's latest financial reports the company has £0.93 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.

Red Eléctrica - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£1.37 B	2.21%
2021-12-31	£1.34 B	187.39%
2020-12-31	£0.46 B	41.35%
2019-12-31	£0.33 B	-55.36%
2018-12-31	£0.74 B	46.32%
2017-12-31	£0.50 B	136.05%
2016-12-31	£0.21 B	-24.91%
2015-12-31	£0.28 B	22.06%
2014-12-31	£0.23 B	30%
2013-12-31	£0.17 B	445.23%
2012-12-31	£32.99 M	104.14%
2011-12-31	£16.16 M	2.57%
2010-12-31	£15.75 M	19.97%
2009-12-31	£13.13 M	-13.21%
2008-12-31	£15.13 M	51.25%
2007-12-31	£10 M	-1.28%
2006-12-31	£10.13 M	-21.52%
2005-12-31	£12.91 M	28.78%
2004-12-31	£10.02 M	241.35%
2003-12-31	£2.93 M	100.89%
2002-12-31	£1.46 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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Red Eléctrica (RED.MC) - Cash on Hand