Rumo (RAIL3.SA) - Cash on Hand

Cash on Hand as of September 2024 : HK$12.99 Billion

According to Rumo's latest financial reports the company has HK$12.99 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.

Rumo - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$12.15 B	-20.12%
2021-12-31	HK$15.22 B	11.09%
2020-12-31	HK$13.70 B	90.19%
2019-12-31	HK$7.20 B	19.43%
2018-12-31	HK$6.03 B	-23.31%
2017-12-31	HK$7.86 B	180.37%
2016-12-31	HK$2.80 B	163.26%
2015-12-31	HK$1.06 B	326.68%
2014-12-31	HK$0.24 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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