Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of September 2024 : HK$5.06 Billion

According to Virgin Galactic 's latest financial reports the company has HK$5.06 Billion 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	HK$6.82 B	-3.89%
2022-12-31	HK$7.10 B	50.83%
2021-12-31	HK$4.70 B	-8.78%
2020-12-31	HK$5.16 B	37.97%
2019-12-31	HK$3.74 B	103287.37%
2018-12-31	HK$3.61 M	-33.48%
2017-12-31	HK$5.44 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	HK$0.24 B	-95.10%	🇺🇸 USA
Aerojet Rocketdyne AJRD	HK$2.20 B	-56.43%	🇺🇸 USA
Virgin Orbit VORB	HK$0.39 B	-92.14%	🇺🇸 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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