Rand Merchant Investment (RMI.JO)

Cash on Hand as of June 2022 : NZ$0.89 Billion

According to Rand Merchant Investment's latest financial reports the company has NZ$0.89 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.

Rand Merchant Investment - Cash on Hand chart (from 2011 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	NZ$0.81 B	29.02%
2021-06-30	NZ$0.63 B	14.72%
2020-06-30	NZ$0.54 B	7.96%
2019-06-30	NZ$0.50 B	31.8%
2018-06-30	NZ$0.38 B	52.33%
2017-06-30	NZ$0.25 B	126.32%
2016-06-30	NZ$0.11 B	-84.93%
2015-06-30	NZ$0.74 B	41.69%
2014-06-30	NZ$0.52 B	35.59%
2013-06-30	NZ$0.38 B	-16.73%
2012-06-30	NZ$0.46 B	6%
2011-06-30	NZ$0.43 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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Rand Merchant Investment (RMI.JO) - Cash on Hand