Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : HK$9.12 Billion

According to Red Eléctrica's latest financial reports the company has HK$9.12 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.

Red Eléctrica - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$12.96 B	-8.21%
2021-12-31	HK$14.12 B	186.26%
2020-12-31	HK$4.93 B	46.26%
2019-12-31	HK$3.37 B	-54.14%
2018-12-31	HK$7.35 B	37.74%
2017-12-31	HK$5.34 B	160.5%
2016-12-31	HK$2.05 B	-37.45%
2015-12-31	HK$3.27 B	16.09%
2014-12-31	HK$2.82 B	22.74%
2013-12-31	HK$2.30 B	456.66%
2012-12-31	HK$0.41 B	111.86%
2011-12-31	HK$0.19 B	3.07%
2010-12-31	HK$0.18 B	14.87%
2009-12-31	HK$0.16 B	-3.85%
2008-12-31	HK$0.17 B	10.59%
2007-12-31	HK$0.15 B	0.37%
2006-12-31	HK$0.15 B	-10.58%
2005-12-31	HK$0.17 B	15.41%
2004-12-31	HK$0.14 B	267.29%
2003-12-31	HK$40.73 M	122.76%
2002-12-31	HK$18.28 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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Red Eléctrica (RED.MC) - Cash on Hand