Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : HK$91.55 B

According to Hermès's latest financial reports the company has HK$91.55 B 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	30.16%
2021-12-31	HK$59.39 B	32.41%
2020-12-31	HK$44.85 B	17%
2019-12-31	HK$38.34 B	22.86%
2018-12-31	HK$31.20 B	13.55%
2017-12-31	HK$27.48 B	44.69%
2016-12-31	HK$18.99 B	41.27%
2015-12-31	HK$13.44 B	-1.24%
2014-12-31	HK$13.61 B	20.61%
2013-12-31	HK$11.28 B	58.09%
2012-12-31	HK$7.14 B	-32.46%
2011-12-31	HK$10.57 B	18.33%
2010-12-31	HK$8.93 B	36.94%
2009-12-31	HK$6.52 B	2.78%
2008-12-31	HK$6.34 B	4.12%
2007-12-31	HK$6.09 B	4.16%
2006-12-31	HK$5.85 B	-0.49%
2005-12-31	HK$5.88 B	-12.88%
2004-12-31	HK$6.75 B	25.91%
2003-12-31	HK$5.36 B	26.52%
2002-12-31	HK$4.23 B	35.85%
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$97.06 B	6.01%	🇫🇷 France
Prada 1913.HK	HK$5.94 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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