Vertical Aerospace (EVTL)

Cash on Hand as of December 2023 : €58.99 Million

According to Vertical Aerospace's latest financial reports the company has €58.99 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	€56.1 M	-59.5%
2022-12-31	€0.13 B	-45.35%
2021-12-31	€0.25 B	27161.54%
2020-12-31	€0.92 M	-22.81%
2019-12-31	€1.2 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