Rumo (RAIL3.SA) - Cash on Hand

Cash on Hand as of September 2024 : NZ$2.95 Billion

According to Rumo's latest financial reports the company has NZ$2.95 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.

Rumo - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$2.45 B	-14.24%
2021-12-31	NZ$2.85 B	16.67%
2020-12-31	NZ$2.44 B	78.35%
2019-12-31	NZ$1.37 B	19.6%
2018-12-31	NZ$1.14 B	-18.99%
2017-12-31	NZ$1.41 B	171.42%
2016-12-31	NZ$0.52 B	159.98%
2015-12-31	NZ$0.20 B	388.82%
2014-12-31	NZ$41.1 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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