Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : NZ$2.07 Billion

According to Red Eléctrica's latest financial reports the company has NZ$2.07 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.

Red Eléctrica - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$2.61 B	-1.44%
2021-12-31	NZ$2.65 B	200.64%
2020-12-31	NZ$0.88 B	37.15%
2019-12-31	NZ$0.64 B	-54.07%
2018-12-31	NZ$1.40 B	45.5%
2017-12-31	NZ$0.96 B	152.18%
2016-12-31	NZ$0.38 B	-38.23%
2015-12-31	NZ$0.61 B	33%
2014-12-31	NZ$0.46 B	28.69%
2013-12-31	NZ$0.36 B	457.03%
2012-12-31	NZ$64.82 M	101.4%
2011-12-31	NZ$32.18 M	2.09%
2010-12-31	NZ$31.52 M	7.74%
2009-12-31	NZ$29.26 M	-23.44%
2008-12-31	NZ$38.21 M	47.29%
2007-12-31	NZ$25.94 M	-7.91%
2006-12-31	NZ$28.17 M	-13.51%
2005-12-31	NZ$32.58 M	20.76%
2004-12-31	NZ$26.97 M	233.74%
2003-12-31	NZ$8.08 M	80.44%
2002-12-31	NZ$4.48 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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Red Eléctrica (RED.MC) - Cash on Hand