Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.15 Billion

According to Virgin Galactic 's latest financial reports the company has NZ$1.15 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	NZ$1.38 B	-3.47%
2022-12-31	NZ$1.43 B	61.94%
2021-12-31	NZ$0.88 B	-4.2%
2020-12-31	NZ$0.92 B	29.37%
2019-12-31	NZ$0.71 B	103437.85%
2018-12-31	NZ$0.68 M	-29.73%
2017-12-31	NZ$0.98 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	NZ$50.12 M	-95.65%	🇺🇸 USA
Aerojet Rocketdyne AJRD	NZ$0.50 B	-56.43%	🇺🇸 USA
Virgin Orbit VORB	NZ$90.65 M	-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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