NIO (NIO) - Cash on Hand

Cash on Hand as of June 2024 : ₹421.64 Billion

According to NIO's latest financial reports the company has ₹421.64 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.

NIO - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹468.63 B	-23.42%
2021-12-31	₹611.97 B	28.79%
2020-12-31	₹475.16 B	4679.85%
2019-12-31	₹9.94 B	-88.2%
2018-12-31	₹84.27 B	14.39%
2017-12-31	₹73.66 B	1194.96%
2016-12-31	₹5.68 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nikola NKLA	₹16.75 B	-96.03%	🇺🇸 USA
Tesla TSLA	₹2.842 T	574.08%	🇺🇸 USA
Lucid Motors LCID	₹293.27 B	-30.45%	🇺🇸 USA
Rivian RIVN	₹569.24 B	35.00%	🇺🇸 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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