Vestas Wind Systems (VWS.CO)

Cash on Hand as of September 2024 : $2.59 Billion USD

According to Vestas Wind Systems's latest financial reports the company has $2.59 Billion USD 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.

Vestas Wind Systems - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$3.63 B	44.2%
2022-12-31	$2.52 B	-11.25%
2021-12-31	$2.84 B	-26.63%
2020-12-31	$3.87 B	13.88%
2019-12-31	$3.40 B	-10.1%
2018-12-31	$3.78 B	-1.56%
2017-12-31	$3.84 B	13.29%
2016-12-31	$3.39 B	20.8%
2015-12-31	$2.80 B	26.97%
2014-12-31	$2.21 B	157.13%
2013-12-31	$0.86 B	-5.87%
2012-12-31	$0.91 B	100.52%
2011-12-31	$0.45 B	2.3%
2010-12-31	$0.44 B	-36.27%
2009-12-31	$0.69 B	76.72%
2008-12-31	$0.39 B	-64.53%
2007-12-31	$1.11 B	89.98%
2006-12-31	$0.58 B	292.46%
2005-12-31	$0.14 B	-42.76%
2004-12-31	$0.26 B	917.76%
2003-12-31	$25.68 M	20.44%
2002-12-31	$21.32 M

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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Vestas Wind Systems (VWS.CO) - Cash on Hand