Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of September 2024 : ₹55.39 Billion

According to Virgin Galactic 's latest financial reports the company has ₹55.39 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	₹72.76 B	-3.27%
2022-12-31	₹75.22 B	67.35%
2021-12-31	₹44.94 B	-7.71%
2020-12-31	₹48.70 B	42.15%
2019-12-31	₹34.26 B	105919.85%
2018-12-31	₹32.31 M	-27.32%
2017-12-31	₹44.46 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	₹2.40 B	-95.65%	🇺🇸 USA
Aerojet Rocketdyne AJRD	₹24.13 B	-56.43%	🇺🇸 USA
Virgin Orbit VORB	₹4.35 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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