Rumo (RAIL3.SA) - Cash on Hand

Cash on Hand as of September 2024 : €1.60 Billion

According to Rumo's latest financial reports the company has €1.60 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.

Rumo - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€1.45 B	-15.84%
2021-12-31	€1.72 B	19.95%
2020-12-31	€1.43 B	74.02%
2019-12-31	€0.82 B	22.63%
2018-12-31	€0.67 B	-19.75%
2017-12-31	€0.83 B	143.95%
2016-12-31	€0.34 B	173.52%
2015-12-31	€0.12 B	374.95%
2014-12-31	€26.47 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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