Tencent Music (TME) - Cash on Hand

Cash on Hand as of September 2024 : NZ$7.22 Billion

According to Tencent Music's latest financial reports the company has NZ$7.22 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.

Tencent Music - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$4.76 B	1.62%
2021-12-31	NZ$4.69 B	-15.13%
2020-12-31	NZ$5.52 B	15.78%
2019-12-31	NZ$4.77 B	26.35%
2018-12-31	NZ$3.77 B	237.55%
2017-12-31	NZ$1.11 B	61.65%
2016-12-31	NZ$0.69 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Perion Network PERI	NZ$0.68 B	-90.58%	🇮🇱 Israel

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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