Red Eléctrica (RED.MC)

Cash on Hand as of June 2024 : €1.12 Billion

According to Red Eléctrica's latest financial reports the company has €1.12 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.

Red Eléctrica - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€1.54 B	-3.28%
2021-12-31	€1.59 B	209.1%
2020-12-31	€0.51 B	33.82%
2019-12-31	€0.38 B	-52.91%
2018-12-31	€0.82 B	44.13%
2017-12-31	€0.56 B	126.66%
2016-12-31	€0.25 B	-35.01%
2015-12-31	€0.38 B	29.23%
2014-12-31	€0.29 B	39.33%
2013-12-31	€0.21 B	432.97%
2012-12-31	€40.31 M	108.42%
2011-12-31	€19.34 M	5.78%
2010-12-31	€18.28 M	23.27%
2009-12-31	€14.83 M	-6.5%
2008-12-31	€15.86 M	16.54%
2007-12-31	€13.61 M	-9.52%
2006-12-31	€15.04 M	-19.97%
2005-12-31	€18.79 M	32.46%
2004-12-31	€14.19 M	240.01%
2003-12-31	€4.17 M	86.09%
2002-12-31	€2.24 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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Red Eléctrica (RED.MC) - Cash on Hand