NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : $4.99 Billion USD

According to NIO's latest financial reports the company has $4.99 Billion USD 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$5.66 B	-31.12%
2021-12-31	$8.22 B	26.55%
2020-12-31	$6.49 B	4560.7%
2019-12-31	$0.13 B	-88.43%
2018-12-31	$1.20 B	4.46%
2017-12-31	$1.15 B	1278.2%
2016-12-31	$83.71 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	$0.19 B	-96.03%	🇺🇸 USA
Tesla TSLA	$33.64 B	574.08%	🇺🇸 USA
Lucid Motors LCID	$3.47 B	-30.45%	🇺🇸 USA
Rivian RIVN	$6.73 B	35.00%	🇺🇸 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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