Covestro (1COV.F) - Cash on Hand

Cash on Hand as of September 2024 : $0.90 Billion USD

According to Covestro's latest financial reports the company has $0.90 Billion USD 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	$0.70 B	-45.34%
2022-12-31	$1.29 B	59.59%
2021-12-31	$0.80 B	-69.77%
2020-12-31	$2.67 B	219.27%
2019-12-31	$0.83 B	-15.32%
2018-12-31	$0.98 B	-33.06%
2017-12-31	$1.47 B	426.35%
2016-12-31	$0.28 B	-59.99%
2015-12-31	$0.70 B	187.15%
2014-12-31	$0.24 B	-69.64%
2013-12-31	$0.80 B	1283.34%
2012-12-31	$58.2 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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