Rand Merchant Investment (RMI.JO)

Cash on Hand as of June 2022 : $0.50 Billion USD

According to Rand Merchant Investment's latest financial reports the company has $0.50 Billion USD 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.

Rand Merchant Investment - Cash on Hand chart (from 2011 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	$0.50 B	14.9%
2021-06-30	$0.44 B	24.76%
2020-06-30	$0.35 B	3.23%
2019-06-30	$0.34 B	30.82%
2018-06-30	$0.26 B	41.13%
2017-06-30	$0.18 B	132.21%
2016-06-30	$79.81 M	-84.31%
2015-06-30	$0.50 B	10.42%
2014-06-30	$0.46 B	53.66%
2013-06-30	$0.29 B	-19.65%
2012-06-30	$0.37 B	2.96%
2011-06-30	$0.36 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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Rand Merchant Investment (RMI.JO) - Cash on Hand