Emirates Reem Investments Company (ERC.AE)

Cash on Hand as of September 2024 : HK$0.56 Billion

According to Emirates Reem Investments Company's latest financial reports the company has HK$0.56 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.

Emirates Reem Investments Company - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.56 B	-15.95%
2022-12-31	HK$0.67 B	836.02%
2021-12-31	HK$72.31 M	117.85%
2020-12-31	HK$33.19 M	0.07%
2019-12-31	HK$33.17 M	-1.09%
2018-12-31	HK$33.53 M	-2.72%
2017-12-31	HK$34.47 M	0.51%
2016-12-31	HK$34.3 M	39.68%
2015-12-31	HK$24.55 M	0.81%
2014-12-31	HK$24.35 M	8.45%
2013-12-31	HK$22.46 M	-40.88%
2012-12-31	HK$37.99 M	6.4%
2011-12-31	HK$35.7 M	9300.69%
2010-12-31	HK$0.37 M	-66.51%
2009-12-31	HK$1.13 M	18%
2008-12-31	HK$0.96 M	-93.35%
2007-12-31	HK$14.45 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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Emirates Reem Investments Company (ERC.AE) - Cash on Hand