Covestro (1COV.F) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.59 Billion

According to Covestro's latest financial reports the company has NZ$1.59 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.

Covestro - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.11 B	-45.13%
2022-12-31	NZ$2.03 B	71.69%
2021-12-31	NZ$1.18 B	-68.07%
2020-12-31	NZ$3.70 B	198%
2019-12-31	NZ$1.24 B	-15.66%
2018-12-31	NZ$1.47 B	-29.12%
2017-12-31	NZ$2.08 B	413.37%
2016-12-31	NZ$0.40 B	-60.47%
2015-12-31	NZ$1.02 B	228.73%
2014-12-31	NZ$0.31 B	-68.16%
2013-12-31	NZ$0.97 B	1284.81%
2012-12-31	NZ$70.75 M

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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