Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of June 2024 : A$1.17 Billion

According to Virgin Galactic 's latest financial reports the company has A$1.17 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.

Virgin Galactic - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.28 B	-3.96%
2022-12-31	A$1.33 B	60.36%
2021-12-31	A$0.83 B	-3.82%
2020-12-31	A$0.86 B	26.21%
2019-12-31	A$0.68 B	104498.97%
2018-12-31	A$0.65 M	-26.45%
2017-12-31	A$0.89 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	A$48.46 M	-95.89%	🇺🇸 USA
Aerojet Rocketdyne AJRD	A$0.43 B	-63.43%	🇺🇸 USA
Virgin Orbit VORB	A$77.75 M	-93.40%	🇺🇸 USA

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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