El Al Israel Airlines (ELAL.TA)

Cash on Hand as of September 2024 : $1.23 Billion USD

According to El Al Israel Airlines's latest financial reports the company has $1.23 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.

El Al Israel Airlines - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.40 B	43.15%
2022-12-31	$0.28 B	213.06%
2021-12-31	$90.52 M	12.83%
2020-12-31	$80.23 M	-65%
2019-12-31	$0.22 B	18.65%
2018-12-31	$0.19 B	-29.62%
2017-12-31	$0.27 B	36.44%
2016-12-31	$0.20 B	4.85%
2015-12-31	$0.19 B	249.75%
2014-12-31	$54.87 M	-43.01%
2013-12-31	$96.29 M	53.86%
2012-12-31	$62.58 M	-34.37%
2011-12-31	$95.36 M	-45.37%
2010-12-31	$0.17 B	52.3%
2009-12-31	$0.11 B	96.2%
2008-12-31	$58.42 M	-78.14%
2007-12-31	$0.26 B	77.21%
2006-12-31	$0.15 B	-27.05%
2005-12-31	$0.20 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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El Al Israel Airlines (ELAL.TA) - Cash on Hand