Porsche (P911.DE) - Cash on Hand

Cash on Hand as of September 2024 : C$17.08 Billion

According to Porsche's latest financial reports the company has C$17.08 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	C$13.23 B	-15.17%
2022-12-31	C$15.59 B	-0.72%
2021-12-31	C$15.71 B	27.33%
2020-12-31	C$12.33 B	33.2%
2019-12-31	C$9.26 B	18.17%
2018-12-31	C$7.84 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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