LVMH (MC.PA) - Cash on Hand

Cash on Hand as of December 2023 : HK$96.75 Billion

According to LVMH's latest financial reports the company has HK$96.75 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$97.25 B	6.93%
2022-12-31	HK$90.95 B	-2.51%
2021-12-31	HK$93.29 B	-52.77%
2020-12-31	HK$197.51 B	253.41%
2019-12-31	HK$55.88 B	18.25%
2018-12-31	HK$47.26 B	34.88%
2017-12-31	HK$35.04 B	9.65%
2016-12-31	HK$31.95 B	-5.23%
2015-12-31	HK$33.72 B	-17.71%
2014-12-31	HK$40.97 B	12.65%
2013-12-31	HK$36.37 B	50.08%
2012-12-31	HK$24.23 B	-1.84%
2011-12-31	HK$24.69 B	-5%
2010-12-31	HK$25.99 B	-4.34%
2009-12-31	HK$27.17 B	148.3%
2008-12-31	HK$10.94 B	-38.34%
2007-12-31	HK$17.74 B	41.53%
2006-12-31	HK$12.54 B	-7.12%
2005-12-31	HK$13.50 B	23.74%
2004-12-31	HK$10.91 B	6.08%
2003-12-31	HK$10.28 B	44.69%
2002-12-31	HK$7.10 B	-27.15%
2001-12-31	HK$9.75 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ralph Lauren RL	HK$13.12 B	-86.43%	🇺🇸 USA
Nordstrom JWN	HK$5.27 B	-94.55%	🇺🇸 USA
Hermès RMS.PA	HK$91.26 B	-5.67%	🇫🇷 France
Prada 1913.HK	HK$5.92 B	-93.88%	🇮🇹 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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