Vitesco Technologies Group (VTSC.DE)

Cash on Hand as of June 2024 : HK$6.88 Billion

According to Vitesco Technologies Group's latest financial reports the company has HK$6.88 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.

Vitesco Technologies Group - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$6.28 B	18.45%
2021-12-31	HK$5.30 B	135.25%
2020-12-31	HK$2.25 B	51.31%
2019-12-31	HK$1.49 B	151.03%
2018-12-31	HK$0.59 B

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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Vitesco Technologies Group (VTSC.DE) - Cash on Hand