Volvo Car (VOLCAR-B.ST)

Cash on Hand as of September 2024 : A$6.64 Billion

According to Volvo Car's latest financial reports the company has A$6.64 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.

Volvo Car - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$8.42 B	-11.27%
2022-12-31	A$9.49 B	-11.4%
2021-12-31	A$10.71 B	0.34%
2020-12-31	A$10.67 B	25.82%
2019-12-31	A$8.48 B	28.03%
2018-12-31	A$6.62 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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Volvo Car (VOLCAR-B.ST) - Cash on Hand