NIO (NIO) - Cash on Hand

Cash on Hand as of September 2024 : NZ$9.23 Billion

According to NIO's latest financial reports the company has NZ$9.23 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$8.91 B	-25.9%
2021-12-31	NZ$12.03 B	33.68%
2020-12-31	NZ$9.00 B	4250.25%
2019-12-31	NZ$0.20 B	-88.48%
2018-12-31	NZ$1.79 B	10.6%
2017-12-31	NZ$1.62 B	1244.21%
2016-12-31	NZ$0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	NZ$0.34 B	-96.26%	🇺🇸 USA
Tesla TSLA	NZ$58.65 B	534.94%	🇺🇸 USA
Lucid Motors LCID	NZ$6.05 B	-34.48%	🇺🇸 USA
Rivian RIVN	NZ$11.74 B	27.17%	🇺🇸 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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