NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : C$6.94 Billion

According to NIO's latest financial reports the company has C$6.94 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.

NIO - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$7.68 B	-26.66%
2021-12-31	C$10.47 B	26.48%
2020-12-31	C$8.28 B	4450.12%
2019-12-31	C$0.18 B	-88.91%
2018-12-31	C$1.64 B	13.18%
2017-12-31	C$1.45 B	1189.38%
2016-12-31	C$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	C$0.27 B	-96.03%	🇺🇸 USA
Tesla TSLA	C$46.79 B	574.08%	🇺🇸 USA
Lucid Motors LCID	C$4.47 B	-35.56%	🇺🇸 USA
Rivian RIVN	C$10.94 B	57.60%	🇺🇸 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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