Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : $1.17 Billion USD

According to Red Eléctrica's latest financial reports the company has $1.17 Billion USD 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	$1.65 B	-8.39%
2021-12-31	$1.81 B	184.6%
2020-12-31	$0.63 B	46.93%
2019-12-31	$0.43 B	-53.89%
2018-12-31	$0.93 B	37.42%
2017-12-31	$0.68 B	158.55%
2016-12-31	$0.26 B	-37.48%
2015-12-31	$0.42 B	16.18%
2014-12-31	$0.36 B	22.7%
2013-12-31	$0.29 B	456.43%
2012-12-31	$53.32 M	112.29%
2011-12-31	$25.11 M	3.28%
2010-12-31	$24.32 M	14.44%
2009-12-31	$21.25 M	-4.18%
2008-12-31	$22.17 M	11.59%
2007-12-31	$19.87 M	0.12%
2006-12-31	$19.85 M	-10.86%
2005-12-31	$22.26 M	15.68%
2004-12-31	$19.25 M	266.34%
2003-12-31	$5.25 M	124.12%
2002-12-31	$2.34 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