Rivian (RIVN) - Cash on Hand

Cash on Hand as of September 2024 : £5.50 Billion

According to Rivian's latest financial reports the company has £5.50 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.

Rivian - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£7.35 B	-23.1%
2022-12-31	£9.56 B	-28.82%
2021-12-31	£13.43 B	514.66%
2020-12-31	£2.18 B	26.58%
2019-12-31	£1.72 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Tesla TSLA	£27.49 B	399.30%	🇺🇸 USA
Lucid Motors LCID	£2.83 B	-48.48%	🇺🇸 USA
NIO NIO	£4.32 B	-21.36%	🇨🇳 China

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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