LVMH (MC.PA) - Cash on Hand

Cash on Hand as of December 2023 : NZ$22.13 Billion

According to LVMH's latest financial reports the company has NZ$22.13 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$19.68 B	7.39%
2022-12-31	NZ$18.33 B	4.67%
2021-12-31	NZ$17.51 B	-50.39%
2020-12-31	NZ$35.31 B	231.4%
2019-12-31	NZ$10.65 B	18.42%
2018-12-31	NZ$8.99 B	42.48%
2017-12-31	NZ$6.31 B	6.15%
2016-12-31	NZ$5.94 B	-6.41%
2015-12-31	NZ$6.35 B	-5.73%
2014-12-31	NZ$6.74 B	18.11%
2013-12-31	NZ$5.70 B	50.18%
2012-12-31	NZ$3.80 B	-6.68%
2011-12-31	NZ$4.07 B	-5.91%
2010-12-31	NZ$4.32 B	-10.27%
2009-12-31	NZ$4.82 B	97.71%
2008-12-31	NZ$2.44 B	-17.88%
2007-12-31	NZ$2.97 B	29.84%
2006-12-31	NZ$2.28 B	-10.16%
2005-12-31	NZ$2.54 B	29.48%
2004-12-31	NZ$1.96 B	-3.61%
2003-12-31	NZ$2.04 B	17.2%
2002-12-31	NZ$1.74 B	-42.2%
2001-12-31	NZ$3.01 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Ralph Lauren RL	NZ$3.00 B	-86.43%	🇺🇸 USA
Nordstrom JWN	NZ$0.70 B	-96.81%	🇺🇸 USA
Hermès RMS.PA	NZ$20.88 B	-5.67%	🇫🇷 France
Prada 1913.HK	NZ$1.35 B	-93.88%	🇮🇹 Italy

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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