Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : HK$6.39 Billion

According to Volaris 's latest financial reports the company has HK$6.39 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	HK$5.50 B	1869.08%
2021-12-31	HK$0.27 B	41.72%
2020-12-31	HK$0.19 B	15.11%
2019-12-31	HK$0.17 B	44.21%
2018-12-31	HK$0.11 B	-15.49%
2017-12-31	HK$0.14 B	2.4%
2016-12-31	HK$0.13 B	2.33%
2015-12-31	HK$0.13 B	61.44%
2014-12-31	HK$83.18 M	-26.05%
2013-12-31	HK$0.11 B	190.09%
2012-12-31	HK$38.77 M	118.73%
2011-12-31	HK$17.72 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	HK$65.93 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	HK$19.52 B	205.52%	🇺🇸 USA
Copa Holdings CPA	HK$7.38 B	15.54%	🇵🇦 Panama
United Airlines Holdings UAL	HK$110.23 B	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	HK$30.95 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	HK$3.34 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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