Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : ₹70.03 Billion

According to Volaris 's latest financial reports the company has ₹70.03 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	₹58.33 B	2084.76%
2021-12-31	₹2.67 B	43.39%
2020-12-31	₹1.86 B	18.6%
2019-12-31	₹1.57 B	47.88%
2018-12-31	₹1.06 B	-7.67%
2017-12-31	₹1.14 B	-4.5%
2016-12-31	₹1.20 B	4.59%
2015-12-31	₹1.15 B	69.41%
2014-12-31	₹0.67 B	-24.16%
2013-12-31	₹0.89 B	227.18%
2012-12-31	₹0.27 B	126.85%
2011-12-31	₹0.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	₹722.48 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	₹213.62 B	205.03%	🇺🇸 USA
Copa Holdings CPA	₹88.16 B	25.89%	🇵🇦 Panama
United Airlines Holdings UAL	₹1.207 T	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	₹339.15 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	₹27.27 B	-61.05%	🇧🇷 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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