RITES (RITES.NS) - Cash on Hand

Cash on Hand as of September 2024 : HK$2.80 Billion

According to RITES 's latest financial reports the company has HK$2.80 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$3.31 B	-4.73%
2022-03-31	HK$3.48 B	-5.07%
2021-03-31	HK$3.66 B	-4.2%
2020-03-31	HK$3.83 B	-3.36%
2019-03-31	HK$3.96 B	-8.57%
2018-03-31	HK$4.33 B	17.35%
2017-03-31	HK$3.69 B	21.4%
2016-03-31	HK$3.04 B	19.08%
2015-03-31	HK$2.55 B	-6.93%
2014-03-31	HK$2.74 B	0.94%
2013-03-31	HK$2.71 B

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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