Universal Music Group (UMG.AS)

Cash on Hand as of December 2023 : £96.74 Million

According to Universal Music Group's latest financial reports the company has £96.74 Million 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.

Universal Music Group - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£58.51 M	-88.08%
2021-12-31	£0.49 B	-52.37%
2020-12-31	£1.03 B	232.31%
2019-12-31	£0.31 B	12.45%
2018-12-31	£0.27 B	1.51%
2017-12-31	£0.27 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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Universal Music Group (UMG.AS) - Cash on Hand