Richmond Mutual Bancorporation (RMBI)

Cash on Hand as of September 2022 : NZ$34.32 Million

According to Richmond Mutual Bancorporation's latest financial reports the company has NZ$34.32 Million 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.

Richmond Mutual Bancorporation - Cash on Hand chart (from 2018 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$33.72 M	-50.1%
2020-12-31	NZ$67.58 M	12.13%
2019-12-31	NZ$60.27 M	170.08%
2018-12-31	NZ$22.31 M	-3.17%
2017-12-31	NZ$23.04 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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Richmond Mutual Bancorporation (RMBI) - Cash on Hand