Rocket Companies (RKT) - Cash on Hand

Cash on Hand as of September 2022 : $0.82 Billion USD

According to Rocket Companies 's latest financial reports the company has $0.82 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	$2.13 B	8.12%
2020-12-31	$1.97 B	45.9%
2019-12-31	$1.35 B	28.19%
2018-12-31	$1.05 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Packaging Corporation of America PKG	$1.10 B	33.72%	🇺🇸 USA
Graphic Packaging GPK	$0.12 B	-84.87%	🇺🇸 USA
International Paper IP	$1.04 B	27.01%	🇺🇸 USA
Clearwater Paper CLW	$39.6 M	-95.21%	🇺🇸 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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