Universal Music Group (UMG.AS)

Cash on Hand as of December 2023 : ₹10.25 Billion

According to Universal Music Group's latest financial reports the company has ₹10.25 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.

Universal Music Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹5.85 B	-88.12%
2021-12-31	₹49.31 B	-52%
2020-12-31	₹102.72 B	254.26%
2019-12-31	₹28.99 B	18.47%
2018-12-31	₹24.47 B	4.41%
2017-12-31	₹23.44 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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Universal Music Group (UMG.AS) - Cash on Hand