Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : €5.98 Billion

According to Turkish Airlines's latest financial reports the company has €5.98 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	€0.24 B	-90.16%
2021-12-31	€2.44 B	1088.41%
2020-12-31	€0.20 B	-90.8%
2019-12-31	€2.23 B	504.68%
2018-12-31	€0.37 B	-20.77%
2017-12-31	€0.46 B	-4.1%
2016-12-31	€0.48 B	62.53%
2015-12-31	€0.29 B	17.58%
2014-12-31	€0.25 B	14.69%
2013-12-31	€0.22 B	-48.59%
2012-12-31	€0.43 B	18.23%
2011-12-31	€0.36 B	30.84%
2010-12-31	€0.27 B	-31.62%
2009-12-31	€0.40 B	-32.69%
2008-12-31	€0.60 B	56.16%
2007-12-31	€0.38 B	178.98%
2006-12-31	€0.13 B	-37.72%
2005-12-31	€0.22 B	48.87%
2004-12-31	€0.15 B	1078.91%
2003-12-31	€12.74 M	54.18%
2002-12-31	€8.26 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