Rent the Runway (RENT) - Cash on Hand

Cash on Hand as of July 2024 : $76.6 Million USD

According to Rent the Runway's latest financial reports the company has $76.6 Million 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.

Rent the Runway - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-01-31	$0.15 B	-37.6%
2022-01-31	$0.24 B	159.81%
2021-01-31	$95.3 M	203.5%
2020-01-31	$31.4 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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