RingCentral (RNG) - Cash on Hand

Cash on Hand as of June 2024 : HK$1.55 Billion

According to RingCentral 's latest financial reports the company has HK$1.55 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.

RingCentral - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.73 B	-17.73%
2022-12-31	HK$2.10 B	1.26%
2021-12-31	HK$2.08 B	-58%
2020-12-31	HK$4.96 B	85.36%
2019-12-31	HK$2.67 B	-39.66%
2018-12-31	HK$4.43 B	213.28%
2017-12-31	HK$1.41 B	13.85%
2016-12-31	HK$1.24 B	16.6%
2015-12-31	HK$1.06 B	-2.95%
2014-12-31	HK$1.09 B	21.76%
2013-12-31	HK$0.90 B	207.48%
2012-12-31	HK$0.29 B	178.32%
2011-12-31	HK$0.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
J2 Global JCOM	N/A	N/A	🇺🇸 USA
8x8 EGHT	HK$0.91 B	-41.10%	🇺🇸 USA
Amazon AMZN	HK$685.09 B	44,073.92%	🇺🇸 USA
Akamai AKAM	HK$12.73 B	721.39%	🇺🇸 USA
AT&T T	HK$20.12 B	1,197.36%	🇺🇸 USA
Microsoft MSFT	HK$610.23 B	39,246.70%	🇺🇸 USA
Cisco CSCO	HK$138.91 B	8,857.10%	🇺🇸 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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