REE Automotive (REE) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.14 Billion

According to REE Automotive's latest financial reports the company has NZ$0.14 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.

REE Automotive - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.13 B	-44.04%
2022-12-31	NZ$0.24 B	-40.07%
2021-12-31	NZ$0.40 B	528.19%
2020-12-31	NZ$64.27 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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