Technip Energies (TE.PA)

Cash on Hand as of December 2023 : €3.50 Billion

According to Technip Energies's latest financial reports the company has €3.50 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.

Technip Energies - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€3.37 B	-3.06%
2022-12-31	€3.47 B	-4.43%
2021-12-31	€3.63 B	14.07%
2020-12-31	€3.18 B	-10.49%
2019-12-31	€3.56 B	-2.89%
2018-12-31	€3.66 B	-9.59%
2017-12-31	€4.05 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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Technip Energies (TE.PA) - Cash on Hand