Ring Energy (REI) - Cash on Hand

Cash on Hand as of June 2024 : HK$9.16 Million

According to Ring Energy 's latest financial reports the company has HK$9.16 Million 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.

Ring Energy - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.31 M	-92.02%
2022-12-31	HK$29 M	54.46%
2021-12-31	HK$18.77 M	-32.31%
2020-12-31	HK$27.74 M	-64.4%
2019-12-31	HK$77.91 M	195.8%
2018-12-31	HK$26.34 M	-77.53%
2017-12-31	HK$0.11 B	-78.73%
2016-12-31	HK$0.55 B	1504.96%
2015-12-31	HK$34.34 M	-48.64%
2014-12-31	HK$66.87 M	-83.53%
2013-12-31	HK$0.40 B	869.1%
2012-12-31	HK$41.88 M	47325.63%
2011-12-31	HK$0.08 M	-98.78%
2010-12-31	HK$7.24 M	-5.97%
2009-12-31	HK$7.7 M
2009-09-30	HK$8.14 M	1101.6%
2008-09-30	HK$0.67 M	11799.78%
2007-09-30	HK$0 M	-96.65%
2006-09-30	HK$0.17 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Laredo Petroleum LPI	HK$0.38 B	4,136.56%	🇺🇸 USA

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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