Spring Airlines (601021.SS)

Cash on Hand as of June 2024 : £1.00 Billion

According to Spring Airlines 's latest financial reports the company has £1.00 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	£1.23 B	46.64%
2021-12-31	£0.84 B	-18.36%
2020-12-31	£1.03 B	22.7%
2019-12-31	£0.84 B	50.34%
2018-12-31	£0.56 B	15.17%
2017-12-31	£0.48 B	-11.45%
2016-12-31	£0.54 B	70.59%
2015-12-31	£0.32 B	29.42%
2014-12-31	£0.24 B	68.51%
2013-12-31	£0.14 B	-8.9%
2012-12-31	£0.16 B	119.52%
2011-12-31	£73.87 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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Spring Airlines (601021.SS) - Cash on Hand