Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : HK$91.26 Billion

According to Hermès's latest financial reports the company has HK$91.26 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.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$91.73 B	18.65%
2022-12-31	HK$77.31 B	30.75%
2021-12-31	HK$59.13 B	31.02%
2020-12-31	HK$45.12 B	17.99%
2019-12-31	HK$38.24 B	22.72%
2018-12-31	HK$31.16 B	13.4%
2017-12-31	HK$27.48 B	44.69%
2016-12-31	HK$18.99 B	41.05%
2015-12-31	HK$13.46 B	-0.97%
2014-12-31	HK$13.59 B	20.52%
2013-12-31	HK$11.28 B	57.9%
2012-12-31	HK$7.14 B	-32.41%
2011-12-31	HK$10.57 B	18.01%
2010-12-31	HK$8.95 B	37.23%
2009-12-31	HK$6.52 B	4.09%
2008-12-31	HK$6.27 B	3.97%
2007-12-31	HK$6.03 B	3.06%
2006-12-31	HK$5.85 B	-0.49%
2005-12-31	HK$5.88 B	-12.53%
2004-12-31	HK$6.72 B	24.63%
2003-12-31	HK$5.39 B	27.33%
2002-12-31	HK$4.23 B	35.83%
2001-12-31	HK$3.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	HK$96.75 B	6.01%	🇫🇷 France
Prada 1913.HK	HK$5.92 B	-93.51%	🇮🇹 Italy

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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