Rumo (RAIL3.SA) - Cash on Hand

Cash on Hand as of September 2024 : $1.67 Billion USD

According to Rumo's latest financial reports the company has $1.67 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$1.55 B	-20.28%
2021-12-31	$1.95 B	10.44%
2020-12-31	$1.76 B	91.07%
2019-12-31	$0.92 B	20.08%
2018-12-31	$0.77 B	-23.49%
2017-12-31	$1.00 B	178.28%
2016-12-31	$0.36 B	163.13%
2015-12-31	$0.13 B	327%
2014-12-31	$32.2 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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