Virgin Galactic (SPCE) - Cash on Hand

Cash on Hand as of September 2024 : £0.51 Billion

According to Virgin Galactic 's latest financial reports the company has £0.51 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.

Virgin Galactic - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.68 B	-8.69%
2022-12-31	£0.75 B	67.95%
2021-12-31	£0.44 B	-8.43%
2020-12-31	£0.48 B	33.34%
2019-12-31	£0.36 B	100530.23%
2018-12-31	£0.36 M	-29.34%
2017-12-31	£0.51 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Astrotech ASTC	£22.25 M	-95.65%	🇺🇸 USA
Aerojet Rocketdyne AJRD	£0.22 B	-56.43%	🇺🇸 USA
Virgin Orbit VORB	£40.25 M	-92.14%	🇺🇸 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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