Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : NZ$20.07 Billion

According to Hermès's latest financial reports the company has NZ$20.07 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.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$18.57 B	19.17%
2022-12-31	NZ$15.58 B	40.39%
2021-12-31	NZ$11.10 B	37.6%
2020-12-31	NZ$8.06 B	10.64%
2019-12-31	NZ$7.29 B	22.9%
2018-12-31	NZ$5.93 B	19.79%
2017-12-31	NZ$4.95 B	40.06%
2016-12-31	NZ$3.53 B	39.29%
2015-12-31	NZ$2.53 B	13.46%
2014-12-31	NZ$2.23 B	26.37%
2013-12-31	NZ$1.77 B	58%
2012-12-31	NZ$1.12 B	-35.74%
2011-12-31	NZ$1.74 B	16.88%
2010-12-31	NZ$1.49 B	28.72%
2009-12-31	NZ$1.15 B	-17.12%
2008-12-31	NZ$1.39 B	38.47%
2007-12-31	NZ$1.01 B	-5.45%
2006-12-31	NZ$1.06 B	-3.76%
2005-12-31	NZ$1.11 B	-8.48%
2004-12-31	NZ$1.21 B	13.24%
2003-12-31	NZ$1.07 B	3.14%
2002-12-31	NZ$1.03 B	7.76%
2001-12-31	NZ$0.96 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	NZ$21.27 B	6.01%	🇫🇷 France
Prada 1913.HK	NZ$1.30 B	-93.51%	🇮🇹 Italy

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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