GXO Logistics (GXO) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.92 Billion

According to GXO Logistics's latest financial reports the company has NZ$0.92 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.

GXO Logistics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.74 B	-5.08%
2022-12-31	NZ$0.77 B	59.92%
2021-12-31	NZ$0.48 B	7.25%
2020-12-31	NZ$0.45 B	53.08%
2019-12-31	NZ$0.29 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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