Gestamp Automoción (GEST.MC)

Cash on Hand as of June 2024 : $1.28 Billion USD

According to Gestamp Automoción's latest financial reports the company has $1.28 Billion USD 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.

Gestamp Automoción - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$1.39 B	-24.16%
2022-12-31	$1.84 B	9.12%
2021-12-31	$1.68 B	-40.51%
2020-12-31	$2.83 B	272.35%
2019-12-31	$0.76 B	7.39%
2018-12-31	$0.71 B	-31.62%
2017-12-31	$1.03 B	129.2%
2016-12-31	$0.45 B	15.6%
2015-12-31	$0.39 B	-33.4%
2014-12-31	$0.58 B	-18.11%
2013-12-31	$0.71 B	87.05%
2012-12-31	$0.38 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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Gestamp Automoción (GEST.MC) - Cash on Hand