ERG (ERG.MI) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.68 Billion

According to ERG's latest financial reports the company has NZ$1.68 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.

ERG - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.66 B	-68.59%
2021-12-31	NZ$2.12 B	68.76%
2020-12-31	NZ$1.26 B	11.96%
2019-12-31	NZ$1.12 B	-14.62%
2018-12-31	NZ$1.32 B	-3.87%
2017-12-31	NZ$1.37 B	78.29%
2016-12-31	NZ$0.77 B	-37.42%
2015-12-31	NZ$1.23 B	-32.18%
2014-12-31	NZ$1.81 B	2.81%
2013-12-31	NZ$1.76 B	5.93%
2012-12-31	NZ$1.66 B	81.33%
2011-12-31	NZ$0.91 B	-60.97%
2010-12-31	NZ$2.35 B	-33.88%
2009-12-31	NZ$3.56 B	98.46%
2008-12-31	NZ$1.79 B	420.17%
2007-12-31	NZ$0.34 B	8.45%
2006-12-31	NZ$0.31 B	26.3%
2005-12-31	NZ$0.25 B	-41.18%
2004-12-31	NZ$0.42 B	34.77%
2003-12-31	NZ$0.31 B	1068.83%
2002-12-31	NZ$27.18 M	114.18%
2001-12-31	NZ$12.69 M	-73.37%
2000-12-31	NZ$47.66 M	-22.13%
1999-12-31	NZ$61.21 M

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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