Vertical Aerospace (EVTL)

Cash on Hand as of December 2023 : C$87.2 Million

According to Vertical Aerospace's latest financial reports the company has C$87.2 Million 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.

Vertical Aerospace - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$82.25 M	-59.2%
2022-12-31	C$0.20 B	-44.89%
2021-12-31	C$0.36 B	24988.44%
2020-12-31	C$1.45 M	-17.26%
2019-12-31	C$1.76 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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Vertical Aerospace (EVTL) - Cash on Hand