Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of September 2024 : $0.65 Billion USD

According to Virgin Galactic 's latest financial reports the company has $0.65 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.

Virgin Galactic - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.87 B	-3.85%
2022-12-31	$0.90 B	50.52%
2021-12-31	$0.60 B	-9.31%
2020-12-31	$0.66 B	38.61%
2019-12-31	$0.48 B	103855.54%
2018-12-31	$0.46 M	-33.63%
2017-12-31	$0.69 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	$28.3 M	-95.65%	🇺🇸 USA
Aerojet Rocketdyne AJRD	$0.28 B	-56.43%	🇺🇸 USA
Virgin Orbit VORB	$51.19 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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