Volvo Car (VOLCAR-B.ST)

Cash on Hand as of September 2024 : $4.31 Billion USD

According to Volvo Car's latest financial reports the company has $4.31 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$5.73 B	-11.17%
2022-12-31	$6.45 B	-16.84%
2021-12-31	$7.76 B	-5.39%
2020-12-31	$8.20 B	38.18%
2019-12-31	$5.94 B	27.24%
2018-12-31	$4.66 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