Volvo Car (VOLCAR-B.ST)

Cash on Hand as of June 2024 : NZ$6.71 B

According to Volvo Car's latest financial reports the company has NZ$6.71 B 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.

Volvo Car - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$9.07 B	-10.82%
2022-12-31	NZ$10.17 B	-10.3%
2021-12-31	NZ$11.34 B	-0.64%
2020-12-31	NZ$11.41 B	29.6%
2019-12-31	NZ$8.80 B	26.59%
2018-12-31	NZ$6.95 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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Volvo Car (VOLCAR-B.ST) - Cash on Hand