Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : C$1.14 Billion

According to Volaris 's latest financial reports the company has C$1.14 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	C$0.95 B	1992.36%
2021-12-31	C$45.71 M	40.82%
2020-12-31	C$32.46 M	12.9%
2019-12-31	C$28.75 M	39.03%
2018-12-31	C$20.68 M	-8.65%
2017-12-31	C$22.64 M	-4.92%
2016-12-31	C$23.81 M	-0.92%
2015-12-31	C$24.03 M	93.13%
2014-12-31	C$12.44 M	-19.41%
2013-12-31	C$15.44 M	210.41%
2012-12-31	C$4.97 M	114.26%
2011-12-31	C$2.32 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	C$11.78 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	C$3.48 B	205.52%	🇺🇸 USA
Copa Holdings CPA	C$1.31 B	15.54%	🇵🇦 Panama
United Airlines Holdings UAL	C$19.70 B	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	C$5.53 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	C$0.59 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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