Companies with Most Cash in The World: Ranking 34725 Firms
We will look at the companies with most cash in the world as of 2023. These cash-rich companies are from various industries but are most predominant in the financial sector worldwide, including China, France, the United States, and the United Kingdom.
While having large cash reserves can provide a safety net for these companies, the global recession caused by the COVID-19 pandemic has highlighted the need for companies to be prepared for unforeseen events. In 2020, companies like Apple and Amazon faced supply chain disruptions and declining sales as the pandemic took hold. However, their large cash reserves allowed them to weather the storm better than many other businesses.
You will see that these firms have in their hands massive amounts of money, ranging from $500 billion to 1.3 trillion. Below, you can look at the companies with 1 trillion in cash and those with billions.
At the end of this article, you will also be able to go through a comprehensive ranking of 34725 companies with the most cash in the world. We evaluate each company individually by total cash, earnings, revenue, and the number of employees. In addition, you can also see the ranking of world companies by market cap, as well as the companies with the most debt.
Companies with Most Cash: Statistics
- According to our data, as of 2023, the companies with the most cash on hand in the world are located in the United States, the United Kingdom, Japan, and France.
- Companies like Chase, Citigroup, and Bank of America are some of the companies in the United States, with cash rounding from $800 billion to over 1.300 trillion dollars.
- In the United Kingdom, the financial industries are the predominant companies with the most cash in hand, such as HSBC, Barclays, and NatWest Group, with $ 1.105 trillion, $ 1.085 trillion, and $ 381.863 billion, respectively.
- In Europe, France is the country with the most cash in hand. Companies like BNP Paribas, Crédit Agricole, and Société Générale are among the top on our list with cash from $ 1.090 trillion to $ 667.988 billion of dollars.
Companies with 1 Trillion in Cash: Overview
In today's global economy, a handful of companies stand out when it comes to having the most cash. On top of the cash-rich companies list its Chase that even with the decline in cash reserves, it still sits at a trillion dollars in hand. In addition to Chase are Citigroup, and Bank of America.
The below firms are leaders in their respective industries and have amassed trillion of dollars in cash reserves.
Companies that Holds 1 Trillion Cash: Top 6 Worlwide
- JP Morgan Chase (JPM) - $ 1.336 trillion
- HSBC (HSBA) - $ 1.105 trillion
- BNP Paribas (BNP.PA) - $ 1.090 trillion
- Barclays (BCS) - $ 1.085 trillion
- Mitsubishi (MFZ.F) - $ 1.067 trillion
- Citigroup (C) - $ 1.041 trillion
📝 Notes
Overall, the article highlights the importance of having a safety net in the form of cash reserves, particularly during unforeseen events such as the COVID-19 pandemic, and recession. However, it is essential to note that having large cash reserves does not necessarily equate to success or profitability. Companies must also focus on other important factors such as revenue growth, profitability, and sustainability.
🤓 Final Thoughts
In conclusion, the companies with the most cash in the world are predominantly from the financial sector, with many located in the United States, United Kingdom, Japan, and France. While having large cash reserves can provide a safety net for these companies, the COVID-19 pandemic has highlighted the need for companies to be prepared for unforeseen events. However, companies such as Apple and Amazon with large cash reserves have weathered the storm better than many other businesses.
The companies with $1 trillion in cash reserves are mainly leaders in their respective industries, with JP Morgan Chase, HSBC, BNP Paribas, Barclays, Mitsubishi, and Citigroup topping the list. It is interesting to note that these companies have amassed huge amounts of cash from billions to trillion of dollars, providing them with substantial financial stability and flexibility.
The ranking of companies with the most cash in the world can provide valuable insights into the financial landscape of different industries and countries.
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List of the Largest Companies in the World rank by total cash.
| Rank | Company | Total Cash | Diff. next | Country |
|---|---|---|---|---|
| #1 | JP Morgan Chase & Co.Symbol: JPM | $ 1.309 trillion ($1,309,825,040,384.00) One Trillion Three Hundred Nine Billion Eight Hundred Twenty Five Million Forty Thousand Three Hundred Eighty Four | $204.696 billion more than HSBC HOLDINGS PLC more by 18.52% | United States |
| #2 | HSBC HOLDINGS PLCSymbol: HSBA.L | $ 1.105 trillion ($1,105,128,062,976.00) One Trillion One Hundred Five Billion One Hundred Twenty Eight Million Sixty Two Thousand Nine Hundred Seventy Six | $7.529 billion more than Barclays PLC more by 0.69% | United Kingdom |
| #3 | Barclays PLCSymbol: BCS | $ 1.097 trillion ($1,097,598,802,233.00) One Trillion Ninety Seven Billion Five Hundred Ninety Eight Million Eight Hundred Two Thousand Two Hundred Thirty Three | $121.926 million more than BNP PARIBAS ACT.A more by 0.01% | United Kingdom |
| #4 | BNP PARIBAS ACT.ASymbol: BNP.PA | $ 1.097 trillion ($1,097,476,875,261.00) One Trillion Ninety Seven Billion Four Hundred Seventy Six Million Eight Hundred Seventy Five Thousand Two Hundred Sixty One | $12.213 billion more than MITSUBISHI UFJ FINL GRP more by 1.13% | France |
| #5 | MITSUBISHI UFJ FINL GRPSymbol: MFZ.F | $ 1.085 trillion ($1,085,263,166,382.00) One Trillion Eighty Five Billion Two Hundred Sixty Three Million One Hundred Sixty Six Thousand Three Hundred Eighty Two | $60.699 billion more than Citigroup, Inc. more by 5.92% | Japan |
| #6 | Citigroup, Inc.Symbol: C | $ 1.024 trillion ($1,024,564,002,816.00) One Trillion Twenty Four Billion Five Hundred Sixty Four Million Two Thousand Eight Hundred Sixteen | $107.478 billion more than Goldman Sachs Group, Inc. (The) more by 11.72% | United States |
| #7 | Goldman Sachs Group, Inc. (The)Symbol: GS | $ 917.085 billion ($917,085,028,352.00) Nine Hundred Seventeen Billion Eighty Five Million Twenty Eight Thousand Three Hundred Fifty Two | $107.530 billion more than CREDIT AGRICOLE INH. EO 3 more by 13.28% | United States |
| #8 | CREDIT AGRICOLE INH. EO 3Symbol: XCA.F | $ 809.554 billion ($809,554,695,128.00) Eight Hundred Nine Billion Five Hundred Fifty Four Million Six Hundred Ninety Five Thousand One Hundred Twenty Eight | $28.862 billion more than CCB more by 3.7% | France |
| #9 | CCBSymbol: 0939.HK | $ 780.692 billion ($780,692,241,844.00) Seven Hundred Eighty Billion Six Hundred Ninety Two Million Two Hundred Forty One Thousand Eight Hundred Forty Four | $45.788 billion more than AGRICULTURAL BANK OF CHINA more by 6.23% | China |
| #10 | AGRICULTURAL BANK OF CHINASymbol: 601288.SS | $ 734.903 billion ($734,903,365,024.00) Seven Hundred Thirty Four Billion Nine Hundred Three Million Three Hundred Sixty Five Thousand Twenty Four | $9.090 billion more than Bank of America Corporation more by 1.25% | China |
| #11 | Bank of America CorporationSymbol: BAC | $ 725.812 billion ($725,812,969,472.00) Seven Hundred Twenty Five Billion Eight Hundred Twelve Million Nine Hundred Sixty Nine Thousand Four Hundred Seventy Two | $12.259 billion more than MIZUHO FINANCIAL GROUP more by 1.72% | United States |
| #12 | MIZUHO FINANCIAL GROUPSymbol: 8411.T | $ 713.553 billion ($713,553,719,140.00) Seven Hundred Thirteen Billion Five Hundred Fifty Three Million Seven Hundred Nineteen Thousand One Hundred Forty | $20.878 billion more than INDUSTRIAL & COMMERCIAL BK OF C more by 3.01% | Japan |
| #13 | INDUSTRIAL & COMMERCIAL BK OF CSymbol: IDCBF | $ 692.675 billion ($692,675,278,539.00) Six Hundred Ninety Two Billion Six Hundred Seventy Five Million Two Hundred Seventy Eight Thousand Five Hundred Thirty Nine | $0 more than INDUSTRIAL & COMMERCIAL BK OF C more by 0% | China |
| #14 | INDUSTRIAL & COMMERCIAL BK OF CSymbol: 601398.SS | $ 692.675 billion ($692,675,278,539.00) Six Hundred Ninety Two Billion Six Hundred Seventy Five Million Two Hundred Seventy Eight Thousand Five Hundred Thirty Nine | $23.162 billion more than SOCIETE GENERALE SPON ADR-EACH more by 3.46% | China |
| #15 | SOCIETE GENERALE SPON ADR-EACH Symbol: SCGLY | $ 669.513 billion ($669,513,088,800.00) Six Hundred Sixty Nine Billion Five Hundred Thirteen Million Eighty Eight Thousand Eight Hundred | $11.675 billion more than SUMITOMO MITSUI FINANCIAL GROUP more by 1.77% | France |
| #16 | SUMITOMO MITSUI FINANCIAL GROUPSymbol: 8316.T | $ 657.838 billion ($657,838,046,309.00) Six Hundred Fifty Seven Billion Eight Hundred Thirty Eight Million Forty Six Thousand Three Hundred Nine | $34.953 billion more than Deutsche Bank AG more by 5.61% | Japan |
| #17 | Deutsche Bank AGSymbol: DB | $ 622.884 billion ($622,884,887,837.00) Six Hundred Twenty Two Billion Eight Hundred Eighty Four Million Eight Hundred Eighty Seven Thousand Eight Hundred Thirty Seven | $23.642 billion more than JAPAN POST HLDGS CO LTD more by 3.95% | Germany |
| #18 | JAPAN POST HLDGS CO LTDSymbol: 6178.T | $ 599.242 billion ($599,242,142,279.00) Five Hundred Ninety Nine Billion Two Hundred Forty Two Million One Hundred Forty Two Thousand Two Hundred Seventy Nine | $24.136 billion more than JAPAN POST BANK CO.LTD more by 4.2% | Japan |
| #19 | JAPAN POST BANK CO.LTDSymbol: 5JP.F | $ 575.105 billion ($575,105,276,974.00) Five Hundred Seventy Five Billion One Hundred Five Million Two Hundred Seventy Six Thousand Nine Hundred Seventy Four | $20.355 billion more than Morgan Stanley more by 3.67% | Japan |
| #20 | Morgan StanleySymbol: MS | $ 554.749 billion ($554,749,984,768.00) Five Hundred Fifty Four Billion Seven Hundred Forty Nine Million Nine Hundred Eighty Four Thousand Seven Hundred Sixty Eight | United States |
Showing rank from 1 to 20 of 37678 companies