Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of June 2024 : £0.59 B

According to Virgin Galactic 's latest financial reports the company has £0.59 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.

Virgin Galactic - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.68 B	-8.69%
2022-12-31	£0.75 B	68.39%
2021-12-31	£0.44 B	-8.52%
2020-12-31	£0.48 B	34.74%
2019-12-31	£0.36 B	99852.3%
2018-12-31	£0.36 M	-29.7%
2017-12-31	£0.51 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	£26.42 M	-95.53%	🇺🇸 USA
Aerojet Rocketdyne AJRD	£0.21 B	-63.43%	🇺🇸 USA
Virgin Orbit VORB	£39.01 M	-93.40%	🇺🇸 USA

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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