Covestro (1COV.F) - Cash on Hand

Cash on Hand as of June 2024 : A$1.34 Billion

According to Covestro's latest financial reports the company has A$1.34 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.

Covestro - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.03 B	-45.41%
2022-12-31	A$1.89 B	70.02%
2021-12-31	A$1.11 B	-67.94%
2020-12-31	A$3.47 B	190.7%
2019-12-31	A$1.19 B	-14.8%
2018-12-31	A$1.40 B	-25.81%
2017-12-31	A$1.89 B	385.98%
2016-12-31	A$0.38 B	-59.57%
2015-12-31	A$0.96 B	222.59%
2014-12-31	A$0.29 B	-66.91%
2013-12-31	A$0.90 B	1511.65%
2012-12-31	A$56 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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