GXO Logistics (GXO) - Cash on Hand

Cash on Hand as of September 2024 : $0.54 Billion USD

According to GXO Logistics's latest financial reports the company has $0.54 Billion USD 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.

GXO Logistics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.46 B	-5.45%
2022-12-31	$0.49 B	48.65%
2021-12-31	$0.33 B	1.52%
2020-12-31	$0.32 B	64%
2019-12-31	$0.20 B

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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