ERG (ERG.MI) - Cash on Hand

Cash on Hand as of September 2024 : A$1.55 Billion

According to ERG's latest financial reports the company has A$1.55 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.

ERG - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.62 B	-68.9%
2021-12-31	A$2.00 B	69.44%
2020-12-31	A$1.18 B	9.22%
2019-12-31	A$1.08 B	-13.74%
2018-12-31	A$1.25 B	0.62%
2017-12-31	A$1.24 B	68.78%
2016-12-31	A$0.74 B	-35.99%
2015-12-31	A$1.15 B	-33.45%
2014-12-31	A$1.73 B	6.84%
2013-12-31	A$1.62 B	23.28%
2012-12-31	A$1.31 B	88.58%
2011-12-31	A$0.69 B	-60.88%
2010-12-31	A$1.78 B	-37.89%
2009-12-31	A$2.87 B	95.08%
2008-12-31	A$1.47 B	388.35%
2007-12-31	A$0.30 B	6.32%
2006-12-31	A$0.28 B	20.84%
2005-12-31	A$0.23 B	-40.41%
2004-12-31	A$0.39 B	42.1%
2003-12-31	A$0.27 B	1000.42%
2002-12-31	A$25.25 M	144.52%
2001-12-31	A$10.32 M	-72.66%
2000-12-31	A$37.77 M	-22.39%
1999-12-31	A$48.68 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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