Rocket Companies (RKT) - Cash on Hand

Cash on Hand as of September 2022 : HK$6.40 Billion

According to Rocket Companies 's latest financial reports the company has HK$6.40 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.

Rocket Companies - Cash on Hand chart (from 2019 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	HK$16.61 B	8.75%
2020-12-31	HK$15.28 B	45.23%
2019-12-31	HK$10.52 B	27.49%
2018-12-31	HK$8.25 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Packaging Corporation of America PKG	HK$6.10 B	-4.71%	🇺🇸 USA
Graphic Packaging GPK	HK$1.21 B	-80.99%	🇺🇸 USA
International Paper IP	HK$9.07 B	41.66%	🇺🇸 USA
Clearwater Paper CLW	HK$0.61 B	-90.36%	🇺🇸 USA

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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