Virgin Orbit (VORB) - Cash on Hand

Cash on Hand as of December 2022 : €48.7 Million

According to Virgin Orbit's latest financial reports the company has €48.7 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.

Virgin Orbit - Cash on Hand chart (from 2020 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€47.73 M	-72.16%
2021-12-31	€0.17 B	839.99%
2020-12-31	€18.23 M	-86.28%
2019-12-31	€0.13 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Virgin Galactic SPCE	€0.61 B	1,171.70%	🇺🇸 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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