Varta (VAR1.F) - Cash on Hand

Cash on Hand as of September 2023 : $42.3 Million USD

According to Varta's latest financial reports the company has $42.3 Million USD 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.

Varta - Cash on Hand chart (from 2008 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.11 B	41.51%
2021-12-31	$82.91 M	-44.69%
2020-12-31	$0.14 B	-45.33%
2019-12-31	$0.27 B	60.07%
2018-12-31	$0.17 B	3.06%
2017-12-31	$0.16 B	1179.9%
2016-12-31	$12.98 M
2011-12-31	$34.77 M	-34.72%
2010-12-31	$53.26 M	-12.37%
2009-12-31	$60.78 M	-4.69%
2008-12-31	$63.77 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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