Rocket Companies (RKT) - Cash on Hand

Cash on Hand as of September 2022 : NZ$1.38 Billion

According to Rocket Companies 's latest financial reports the company has NZ$1.38 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.

Rocket Companies - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$3.12 B	14.22%
2020-12-31	NZ$2.73 B	36.18%
2019-12-31	NZ$2.00 B	27.67%
2018-12-31	NZ$1.57 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
International Paper IP	NZ$1.92 B	38.63%	🇺🇸 USA
Packaging Corporation of America PKG	NZ$1.00 B	-27.26%	🇺🇸 USA
Graphic Packaging GPK	NZ$0.43 B	-68.40%	🇺🇸 USA
Clearwater Paper CLW	NZ$57.74 M	-95.83%	🇺🇸 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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