Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.45 Billion

According to Volaris 's latest financial reports the company has NZ$1.45 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.

Volaris - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$1.11 B	2014.14%
2021-12-31	NZ$52.52 M	48.83%
2020-12-31	NZ$35.28 M	7.94%
2019-12-31	NZ$32.69 M	44.42%
2018-12-31	NZ$22.63 M	-10.73%
2017-12-31	NZ$25.35 M	-0.87%
2016-12-31	NZ$25.58 M	1.06%
2015-12-31	NZ$25.31 M	84.96%
2014-12-31	NZ$13.68 M	-22.46%
2013-12-31	NZ$17.65 M	190.28%
2012-12-31	NZ$6.08 M	107.94%
2011-12-31	NZ$2.92 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	NZ$14.98 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	NZ$4.42 B	205.03%	🇺🇸 USA
Copa Holdings CPA	NZ$1.82 B	25.89%	🇵🇦 Panama
United Airlines Holdings UAL	NZ$25.04 B	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	NZ$7.03 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	NZ$0.56 B	-61.05%	🇧🇷 Brazil

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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