Siemens Energy (ENR.F) - Cash on Hand

Cash on Hand as of September 2024 : $8.09 Billion USD

According to Siemens Energy's latest financial reports the company has $8.09 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.

Siemens Energy - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	$5.61 B	-32.49%
2022-09-30	$8.32 B	21.13%
2021-09-30	$6.87 B	7.28%
2020-09-30	$6.40 B	125.05%
2019-09-30	$2.84 B	-18.31%
2018-09-30	$3.48 B	21.71%
2017-09-30	$2.86 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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