Volaris (VLRS) - Cash on Hand

Cash on Hand as of June 2024 : C$1.03 B

According to Volaris 's latest financial reports the company has C$1.03 B 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.

Volaris - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.95 B	2006.99%
2021-12-31	C$45.4 M	39.83%
2020-12-31	C$32.47 M	13.75%
2019-12-31	C$28.54 M	37.79%
2018-12-31	C$20.71 M	-8.52%
2017-12-31	C$22.64 M	-4.92%
2016-12-31	C$23.81 M	-1.02%
2015-12-31	C$24.06 M	93.44%
2014-12-31	C$12.43 M	-19.4%
2013-12-31	C$15.43 M	209.52%
2012-12-31	C$4.98 M	114.75%
2011-12-31	C$2.32 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	C$11.45 B	1,005.50%	🇺🇸 USA
Alaska Airlines ALK	C$3.40 B	228.40%	🇺🇸 USA
Copa Holdings CPA	C$1.28 B	24.20%	🇵🇦 Panama
United Airlines Holdings UAL	C$20.68 B	1,895.82%	🇺🇸 USA
Delta Air Lines DAL	C$5.74 B	454.19%	🇺🇸 USA
GOL Airlines GOLL4.SA	C$0.58 B	-43.71%	🇧🇷 Brazil

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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