CTT - Correios De Portugal (CTT.LS)

Cash on Hand as of September 2024 : €2.73 Billion

According to CTT - Correios De Portugal's latest financial reports the company has €2.73 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.

CTT - Correios De Portugal - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€1.06 B	12.83%
2021-12-31	€0.94 B	59.77%
2020-12-31	€0.59 B	24.06%
2019-12-31	€0.47 B	-11.77%
2018-12-31	€0.54 B	-26.49%
2017-12-31	€0.73 B	8.16%
2016-12-31	€0.68 B	12.81%
2015-12-31	€0.60 B	-9.17%
2014-12-31	€0.66 B	21.97%
2013-12-31	€0.54 B	11.36%
2012-12-31	€0.48 B	14.79%
2011-12-31	€0.42 B	489.14%
2010-12-31	€72.35 M	-84.75%
2009-12-31	€0.47 B	-18.32%
2008-12-31	€0.58 B	-16.89%
2007-12-31	€0.69 B

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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CTT - Correios De Portugal (CTT.LS) - Cash on Hand