Eurofins Scientific (ERF.PA)

Cash on Hand as of December 2023 : A$2.17 Billion

According to Eurofins Scientific's latest financial reports the company has A$2.17 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.

Eurofins Scientific - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.98 B	158.33%
2022-12-31	A$0.76 B	-4.71%
2021-12-31	A$0.80 B	-44.85%
2020-12-31	A$1.45 B	207.13%
2019-12-31	A$0.47 B	-42.19%
2018-12-31	A$0.82 B	-34.8%
2017-12-31	A$1.26 B	4.59%
2016-12-31	A$1.20 B	1.18%
2015-12-31	A$1.19 B	270.08%
2014-12-31	A$0.32 B	-30.05%
2013-12-31	A$0.46 B	169.26%
2012-12-31	A$0.17 B	-24.81%
2011-12-31	A$0.22 B	61.49%
2010-12-31	A$0.14 B	62.37%
2009-12-31	A$86.69 M	-66.77%
2008-12-31	A$0.26 B	141.19%
2007-12-31	A$0.10 B	-19.57%
2006-12-31	A$0.13 B	101.44%
2005-12-31	A$66.76 M	5.23%
2004-12-31	A$63.44 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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Eurofins Scientific (ERF.PA) - Cash on Hand