Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : A$9.55 Billion

According to Turkish Airlines's latest financial reports the company has A$9.55 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.

Turkish Airlines - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.37 B	-90.07%
2021-12-31	A$3.82 B	1060.55%
2020-12-31	A$0.32 B	-90.8%
2019-12-31	A$3.58 B	495.78%
2018-12-31	A$0.60 B	-16.28%
2017-12-31	A$0.71 B	1.01%
2016-12-31	A$0.71 B	58.02%
2015-12-31	A$0.44 B	18.75%
2014-12-31	A$0.37 B	10.08%
2013-12-31	A$0.34 B	-37.47%
2012-12-31	A$0.55 B	18.82%
2011-12-31	A$0.46 B	26.56%
2010-12-31	A$0.36 B	-43.85%
2009-12-31	A$0.65 B	-45.82%
2008-12-31	A$1.20 B	85.29%
2007-12-31	A$0.64 B	178.35%
2006-12-31	A$0.23 B	-35.61%
2005-12-31	A$0.36 B	37.5%
2004-12-31	A$0.26 B	1095.8%
2003-12-31	A$22.03 M	40.75%
2002-12-31	A$15.65 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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Turkish Airlines (THYAO.IS) - Cash on Hand