Emirates Reem Investments Company (ERC.AE)

Cash on Hand as of June 2024 : $69.99 Million USD

According to Emirates Reem Investments Company's latest financial reports the company has $69.99 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.

Emirates Reem Investments Company - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$72.84 M	-15.92%
2022-12-31	$86.63 M	834.14%
2021-12-31	$9.27 M	116.58%
2020-12-31	$4.28 M	0.54%
2019-12-31	$4.25 M	-0.55%
2018-12-31	$4.28 M	-2.95%
2017-12-31	$4.41 M	-0.24%
2016-12-31	$4.42 M	39.61%
2015-12-31	$3.16 M	0.88%
2014-12-31	$3.14 M	8.42%
2013-12-31	$2.89 M	-40.91%
2012-12-31	$4.9 M	6.62%
2011-12-31	$4.59 M	9319.21%
2010-12-31	$0.04 M	-66.64%
2009-12-31	$0.14 M	17.6%
2008-12-31	$0.12 M	-93.29%
2007-12-31	$1.85 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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Emirates Reem Investments Company (ERC.AE) - Cash on Hand