Spring Airlines (601021.SS)

Cash on Hand as of September 2024 : A$2.18 Billion

According to Spring Airlines 's latest financial reports the company has A$2.18 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.

Spring Airlines - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$2.20 B	40.02%
2021-12-31	A$1.57 B	-14.25%
2020-12-31	A$1.83 B	16.13%
2019-12-31	A$1.57 B	56.27%
2018-12-31	A$1.00 B	19.87%
2017-12-31	A$0.84 B	-10.45%
2016-12-31	A$0.94 B	43.55%
2015-12-31	A$0.65 B	38.39%
2014-12-31	A$0.47 B	73.35%
2013-12-31	A$0.27 B	8.31%
2012-12-31	A$0.25 B	125.24%
2011-12-31	A$0.11 B

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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Spring Airlines (601021.SS) - Cash on Hand