Friedrich Vorwerk Group (VH2.DE)

Cash on Hand as of June 2024 : $8.75 Million USD

According to Friedrich Vorwerk Group's latest financial reports the company has $8.75 Million 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.

Friedrich Vorwerk Group - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$62.49 M	26.99%
2022-12-31	$49.2 M	-59.87%
2021-12-31	$0.12 B	120.31%
2020-12-31	$55.66 M	-5.11%
2019-12-31	$58.65 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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Friedrich Vorwerk Group (VH2.DE) - Cash on Hand