Eurofins Scientific (ERF.PA)

Cash on Hand as of December 2023 : NZ$2.38 Billion

According to Eurofins Scientific's latest financial reports the company has NZ$2.38 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.

Eurofins Scientific - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$2.13 B	159.66%
2022-12-31	NZ$0.82 B	-3.78%
2021-12-31	NZ$0.85 B	-45.07%
2020-12-31	NZ$1.55 B	214.84%
2019-12-31	NZ$0.49 B	-42.78%
2018-12-31	NZ$0.86 B	-37.71%
2017-12-31	NZ$1.38 B	10.48%
2016-12-31	NZ$1.25 B	-1.08%
2015-12-31	NZ$1.26 B	277.13%
2014-12-31	NZ$0.33 B	-32.69%
2013-12-31	NZ$0.49 B	131.36%
2012-12-31	NZ$0.21 B	-27.71%
2011-12-31	NZ$0.29 B	61.14%
2010-12-31	NZ$0.18 B	72.85%
2009-12-31	NZ$0.10 B	-66.19%
2008-12-31	NZ$0.31 B	156.91%
2007-12-31	NZ$0.12 B	-17.96%
2006-12-31	NZ$0.15 B	110.55%
2005-12-31	NZ$71.47 M	3.87%
2004-12-31	NZ$68.8 M

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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Eurofins Scientific (ERF.PA) - Cash on Hand