RITES (RITES.NS) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.63 Billion

According to RITES 's latest financial reports the company has NZ$0.63 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$0.67 B	5.62%
2022-03-31	NZ$0.63 B	-5.4%
2021-03-31	NZ$0.67 B	-17.89%
2020-03-31	NZ$0.82 B	10.74%
2019-03-31	NZ$0.74 B	-2.68%
2018-03-31	NZ$0.76 B	12.36%
2017-03-31	NZ$0.67 B	19.41%
2016-03-31	NZ$0.56 B	29.41%
2015-03-31	NZ$0.43 B	7.59%
2014-03-31	NZ$0.40 B	-2.43%
2013-03-31	NZ$0.41 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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