TORM (TRMD) - Cash on Hand

Cash on Hand as of September 2024 : HK$3.09 Billion

According to TORM's latest financial reports the company has HK$3.09 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.

TORM - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.07 B	-17.19%
2022-12-31	HK$2.50 B	121.79%
2021-12-31	HK$1.12 B	62.73%
2020-12-31	HK$0.69 B	56.57%
2019-12-31	HK$0.44 B	-55.57%
2018-12-31	HK$0.99 B	-4.88%
2017-12-31	HK$1.04 B	77.99%
2016-12-31	HK$0.58 B	-54.83%
2015-12-31	HK$1.30 B	341.8%
2014-12-31	HK$0.29 B	30.77%
2013-12-31	HK$0.22 B	2.8%
2012-12-31	HK$0.21 B	-66.95%
2011-12-31	HK$0.66 B	-28.83%
2010-12-31	HK$0.93 B	-1.48%
2009-12-31	HK$0.94 B	-31.49%
2008-12-31	HK$1.38 B	69%
2007-12-31	HK$0.81 B	218.59%
2006-12-31	HK$0.25 B	-78.89%
2005-12-31	HK$1.21 B	27.18%
2004-12-31	HK$0.95 B	52.35%
2003-12-31	HK$0.62 B	9.2%
2002-12-31	HK$0.57 B	-25.51%
2001-12-31	HK$0.77 B	9.32%
2000-12-31	HK$0.70 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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