TORM (TRMD) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.88 Billion

According to TORM's latest financial reports the company has NZ$0.88 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.

TORM - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.41 B	-16.83%
2022-12-31	NZ$0.50 B	138.12%
2021-12-31	NZ$0.21 B	70.91%
2020-12-31	NZ$0.12 B	46.82%
2019-12-31	NZ$84.48 M	-55.5%
2018-12-31	NZ$0.18 B	0.48%
2017-12-31	NZ$0.18 B	72.3%
2016-12-31	NZ$0.10 B	-55.39%
2015-12-31	NZ$0.24 B	406.15%
2014-12-31	NZ$48.57 M	37.12%
2013-12-31	NZ$35.42 M	2.87%
2012-12-31	NZ$34.43 M	-68.58%
2011-12-31	NZ$0.10 B	-29.51%
2010-12-31	NZ$0.15 B	-7.59%
2009-12-31	NZ$0.16 B	-45.45%
2008-12-31	NZ$0.30 B	125.08%
2007-12-31	NZ$0.13 B	192.28%
2006-12-31	NZ$46.89 M	-79.58%
2005-12-31	NZ$0.22 B	33.08%
2004-12-31	NZ$0.17 B	38.43%
2003-12-31	NZ$0.12 B	-11.55%
2002-12-31	NZ$0.14 B	-40.9%
2001-12-31	NZ$0.23 B	16.69%
2000-12-31	NZ$0.20 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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