Volaris (VLRS) - Cash on Hand

Cash on Hand as of September 2024 : $0.82 Billion USD

According to Volaris 's latest financial reports the company has $0.82 Billion 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.

Volaris - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.70 B	1865.13%
2021-12-31	$35.87 M	40.89%
2020-12-31	$25.46 M	15.64%
2019-12-31	$22.01 M	45%
2018-12-31	$15.18 M	-15.69%
2017-12-31	$18.01 M	1.63%
2016-12-31	$17.72 M	2.28%
2015-12-31	$17.32 M	61.56%
2014-12-31	$10.72 M	-26.07%
2013-12-31	$14.5 M	189.97%
2012-12-31	$5 M	119.18%
2011-12-31	$2.28 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
American Airlines AAL	$8.47 B	931.64%	🇺🇸 USA
Alaska Airlines ALK	$2.50 B	205.52%	🇺🇸 USA
Copa Holdings CPA	$0.94 B	15.54%	🇵🇦 Panama
United Airlines Holdings UAL	$14.16 B	1,624.75%	🇺🇸 USA
Delta Air Lines DAL	$3.97 B	384.28%	🇺🇸 USA
GOL Airlines GOLL4.SA	$0.43 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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