Porsche (P911.DE) - Cash on Hand

Cash on Hand as of September 2024 : NZ$20.67 Billion

According to Porsche's latest financial reports the company has NZ$20.67 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.

Porsche - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$15.77 B	-12.87%
2022-12-31	NZ$18.10 B	0.32%
2021-12-31	NZ$18.04 B	34.57%
2020-12-31	NZ$13.41 B	27.34%
2019-12-31	NZ$10.53 B	22.75%
2018-12-31	NZ$8.58 B

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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