Vertical Aerospace (EVTL)

Cash on Hand as of December 2023 : A$98.04 Million

According to Vertical Aerospace's latest financial reports the company has A$98.04 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.

Vertical Aerospace - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$91.02 M	-58.31%
2022-12-31	A$0.21 B	-44.86%
2021-12-31	A$0.39 B	26522.48%
2020-12-31	A$1.48 M	-22.83%
2019-12-31	A$1.92 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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Vertical Aerospace (EVTL) - Cash on Hand