Hermès (RMS.PA) - Cash on Hand

Cash on Hand as of December 2023 : $11.74 Billion USD

According to Hermès's latest financial reports the company has $11.74 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.

Hermès - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$11.74 B	18.7%
2022-12-31	$9.89 B	30.49%
2021-12-31	$7.58 B	30.26%
2020-12-31	$5.82 B	18.53%
2019-12-31	$4.91 B	23.4%
2018-12-31	$3.98 B	13.14%
2017-12-31	$3.51 B	43.61%
2016-12-31	$2.44 B	40.98%
2015-12-31	$1.73 B	-0.89%
2014-12-31	$1.75 B	20.49%
2013-12-31	$1.45 B	57.83%
2012-12-31	$0.92 B	-32.27%
2011-12-31	$1.36 B	18.24%
2010-12-31	$1.15 B	36.72%
2009-12-31	$0.84 B	3.74%
2008-12-31	$0.81 B	4.91%
2007-12-31	$0.77 B	2.8%
2006-12-31	$0.75 B	-0.8%
2005-12-31	$0.75 B	-12.33%
2004-12-31	$0.86 B	24.31%
2003-12-31	$0.69 B	28.11%
2002-12-31	$0.54 B	35.82%
2001-12-31	$0.40 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
LVMH MC.PA	$12.45 B	6.01%	🇫🇷 France
Prada 1913.HK	$0.76 B	-93.51%	🇮🇹 Italy

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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