Tencent Music (TME) - Cash on Hand

Cash on Hand as of June 2024 : £2.65 Billion

According to Tencent Music's latest financial reports the company has £2.65 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.

Tencent Music - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£2.50 B	5.39%
2021-12-31	£2.37 B	-18.87%
2020-12-31	£2.92 B	19.33%
2019-12-31	£2.45 B	22.8%
2018-12-31	£1.99 B	239.44%
2017-12-31	£0.58 B	51.32%
2016-12-31	£0.38 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Perion Network PERI	£0.30 B	-88.64%	🇮🇱 Israel

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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