MTU Aero Engines (MTX.DE)

Cash on Hand as of December 2023 : €1.61 Billion

According to MTU Aero Engines 's latest financial reports the company has €1.61 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.

MTU Aero Engines - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€1.21 B	37.06%
2021-12-31	€0.88 B	9.12%
2020-12-31	€0.81 B	350.56%
2019-12-31	€0.18 B	40.41%
2018-12-31	€0.12 B	-4.47%
2017-12-31	€0.13 B	-63.26%
2016-12-31	€0.36 B	252.27%
2015-12-31	€0.10 B	-23.81%
2014-12-31	€0.13 B	-38.89%
2013-12-31	€0.22 B	-5.19%
2012-12-31	€0.23 B	-3.29%
2011-12-31	€0.24 B	27.98%
2010-12-31	€0.18 B	45.66%
2009-12-31	€0.13 B	76.32%
2008-12-31	€73.9 M	-26.69%
2007-12-31	€0.10 B	-16.63%
2006-12-31	€0.12 B	449.55%
2005-12-31	€22 M	-22.81%
2004-12-31	€28.5 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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MTU Aero Engines (MTX.DE) - Cash on Hand