REE Automotive (REE) - Cash on Hand

Cash on Hand as of September 2024 : ₹7.68 Billion

According to REE Automotive's latest financial reports the company has ₹7.68 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.

REE Automotive - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹12.71 B	-38.07%
2021-12-31	₹20.52 B	505.22%
2020-12-31	₹3.39 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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