Michelin (ML.PA) - Cash on Hand

Cash on Hand as of December 2023 : ₹261.49 Billion

According to Michelin's latest financial reports the company has ₹261.49 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹235.57 B	-41.95%
2021-12-31	₹405.78 B	-8.89%
2020-12-31	₹445.36 B	256.46%
2019-12-31	₹124.93 B	-32.33%
2018-12-31	₹184.61 B	23.39%
2017-12-31	₹149.62 B	5.29%
2016-12-31	₹142.09 B	11.3%
2015-12-31	₹127.66 B	11.91%
2014-12-31	₹114.07 B	-34.74%
2013-12-31	₹174.81 B	12.27%
2012-12-31	₹155.71 B	17.69%
2011-12-31	₹132.31 B	-10.2%
2010-12-31	₹147.33 B	58.77%
2009-12-31	₹92.80 B	119.57%
2008-12-31	₹42.26 B	102.08%
2007-12-31	₹20.91 B	-52.85%
2006-12-31	₹44.35 B	1.85%
2005-12-31	₹43.55 B	-58.77%
2004-12-31	₹105.62 B	241.56%
2003-12-31	₹30.92 B	47.39%
2002-12-31	₹20.98 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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