Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : €11.06 Billion

According to Hermès's latest financial reports the company has €11.06 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.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€10.62 B	15.18%
2022-12-31	€9.22 B	37.77%
2021-12-31	€6.69 B	41.47%
2020-12-31	€4.73 B	7.96%
2019-12-31	€4.38 B	26.02%
2018-12-31	€3.47 B	18.66%
2017-12-31	€2.93 B	25.89%
2016-12-31	€2.32 B	46.55%
2015-12-31	€1.58 B	10.24%
2014-12-31	€1.44 B	36.81%
2013-12-31	€1.05 B	51.18%
2012-12-31	€0.69 B	-33.51%
2011-12-31	€1.04 B	21.11%
2010-12-31	€0.86 B	47.27%
2009-12-31	€0.58 B	1.22%
2008-12-31	€0.58 B	9.57%
2007-12-31	€0.52 B	-7.1%
2006-12-31	€0.57 B	-10.94%
2005-12-31	€0.64 B	0.39%
2004-12-31	€0.63 B	15.37%
2003-12-31	€0.55 B	6.37%
2002-12-31	€0.51 B	14.74%
2001-12-31	€0.45 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	€11.72 B	6.01%	🇫🇷 France
Prada 1913.HK	€0.71 B	-93.51%	🇮🇹 Italy

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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