Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : A$1.25 Billion

According to Volaris 's latest financial reports the company has A$1.25 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.

Volaris - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$1.03 B	1993.57%
2021-12-31	A$49.48 M	49.43%
2020-12-31	A$33.11 M	5.29%
2019-12-31	A$31.44 M	45.9%
2018-12-31	A$21.55 M	-6.56%
2017-12-31	A$23.06 M	-6.16%
2016-12-31	A$24.58 M	3.37%
2015-12-31	A$23.78 M	81.5%
2014-12-31	A$13.1 M	-19.43%
2013-12-31	A$16.26 M	237.83%
2012-12-31	A$4.81 M	116.25%
2011-12-31	A$2.22 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	A$12.97 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	A$3.84 B	205.52%	🇺🇸 USA
Copa Holdings CPA	A$1.45 B	15.54%	🇵🇦 Panama
United Airlines Holdings UAL	A$21.69 B	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	A$6.09 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	A$0.65 B	-47.63%	🇧🇷 Brazil

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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