Siemens Energy (ENR.F) - Cash on Hand

Cash on Hand as of September 2024 : €7.80 Billion

According to Siemens Energy's latest financial reports the company has €7.80 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.

Siemens Energy - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	€5.30 B	-37.32%
2022-09-30	€8.46 B	42.97%
2021-09-30	€5.92 B	8.58%
2020-09-30	€5.45 B	109.73%
2019-09-30	€2.60 B	-13.24%
2018-09-30	€2.99 B	22.97%
2017-09-30	€2.43 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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