Velocity Financial (VEL)

Cash on Hand as of September 2022 : A$40.75 Million

According to Velocity Financial's latest financial reports the company has A$40.75 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.

Velocity Financial - Cash on Hand chart (from 2018 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$49.83 M	175.4%
2020-12-31	A$18.09 M	-43.82%
2019-12-31	A$32.2 M	42.23%
2018-12-31	A$22.64 M	11.06%
2017-12-31	A$20.39 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
New Residential Investment NRZ	N/A	N/A	🇺🇸 USA
Onity Group OCN	A$0.28 B	601.88%	🇺🇸 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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Velocity Financial (VEL) - Cash on Hand

Cash on Hand as of September 2022 : A$40.75 Million