Covestro (1COV.F) - Cash on Hand

Cash on Hand as of September 2024 : C$1.29 Billion

According to Covestro's latest financial reports the company has C$1.29 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.

Covestro - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.93 B	-46.58%
2022-12-31	C$1.75 B	69.92%
2021-12-31	C$1.03 B	-69.79%
2020-12-31	C$3.41 B	211.69%
2019-12-31	C$1.09 B	-18.81%
2018-12-31	C$1.34 B	-27.47%
2017-12-31	C$1.85 B	392.43%
2016-12-31	C$0.37 B	-61.24%
2015-12-31	C$0.97 B	243.25%
2014-12-31	C$0.28 B	-66.9%
2013-12-31	C$0.85 B	1380.85%
2012-12-31	C$57.87 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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