Porsche (P911.DE) - Cash on Hand

Cash on Hand as of September 2024 : A$19.19 Billion

According to Porsche's latest financial reports the company has A$19.19 Billion 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.

Porsche - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$14.64 B	-13.32%
2022-12-31	A$16.89 B	-0.66%
2021-12-31	A$17.00 B	35.11%
2020-12-31	A$12.58 B	24.23%
2019-12-31	A$10.13 B	24.01%
2018-12-31	A$8.16 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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