NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : HK$38.85 Billion

According to NIO's latest financial reports the company has HK$38.85 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.

NIO - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$44.24 B	-30.98%
2021-12-31	HK$64.11 B	27.29%
2020-12-31	HK$50.36 B	4539.21%
2019-12-31	HK$1.08 B	-88.5%
2018-12-31	HK$9.43 B	4.7%
2017-12-31	HK$9.01 B	1288.58%
2016-12-31	HK$0.64 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	HK$1.54 B	-96.03%	🇺🇸 USA
Tesla TSLA	HK$261.91 B	574.08%	🇺🇸 USA
Lucid Motors LCID	HK$27.02 B	-30.45%	🇺🇸 USA
Rivian RIVN	HK$52.45 B	35.00%	🇺🇸 USA

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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