TORM (TRMD) - Cash on Hand

Cash on Hand as of June 2024 : $0.53 Billion USD

According to TORM's latest financial reports the company has $0.53 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.

TORM - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.26 B	-17.16%
2022-12-31	$0.32 B	121.34%
2021-12-31	$0.14 B	61.79%
2020-12-31	$89.5 M	57.29%
2019-12-31	$56.9 M	-55.32%
2018-12-31	$0.12 B	-5.1%
2017-12-31	$0.13 B	76.66%
2016-12-31	$75.97 M	-54.85%
2015-12-31	$0.16 B	342.13%
2014-12-31	$38.05 M	30.74%
2013-12-31	$29.1 M	2.76%
2012-12-31	$28.32 M	-66.89%
2011-12-31	$85.54 M	-28.69%
2010-12-31	$0.11 B	-1.84%
2009-12-31	$0.12 B	-31.72%
2008-12-31	$0.17 B	70.52%
2007-12-31	$0.10 B	217.79%
2006-12-31	$33.03 M	-78.95%
2005-12-31	$0.15 B	27.47%
2004-12-31	$0.12 B	51.95%
2003-12-31	$81.03 M	9.87%
2002-12-31	$73.75 M	-25.51%
2001-12-31	$99.02 M	9.34%
2000-12-31	$90.56 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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