Friedrich Vorwerk Group (VH2.DE)

Cash on Hand as of September 2024 : A$93.44 Million

According to Friedrich Vorwerk Group's latest financial reports the company has A$93.44 Million 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.

Friedrich Vorwerk Group - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$91.72 M	26.84%
2022-12-31	A$72.31 M	-57.25%
2021-12-31	A$0.16 B	133.66%
2020-12-31	A$72.38 M	-13.6%
2019-12-31	A$83.77 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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Friedrich Vorwerk Group (VH2.DE) - Cash on Hand