Turkish Airlines (THYAO.IS)

Cash on Hand as of December 2024 : £3.93 Billion

According to Turkish Airlines's latest financial reports the company has £3.93 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
2024-12-31	£4.05 B	-15.52%
2023-12-31	£4.79 B	23.16%
2022-12-31	£3.89 B	-85.73%
2021-12-31	£27.31 B	1887.08%
2020-12-31	£1.37 B	-87.92%
2019-12-31	£11.37 B	544.61%
2018-12-31	£1.76 B	12.08%
2017-12-31	£1.57 B	7.52%
2016-12-31	£1.46 B	126.55%
2015-12-31	£0.64 B	39.55%
2014-12-31	£0.46 B	17.25%
2013-12-31	£0.39 B	-37.68%
2012-12-31	£0.63 B	10.04%
2011-12-31	£0.57 B	53.71%
2010-12-31	£0.37 B	-30.79%
2009-12-31	£0.54 B	-39.16%
2008-12-31	£0.88 B	166.21%
2007-12-31	£0.33 B	152.55%
2006-12-31	£0.13 B	-36.21%
2005-12-31	£0.20 B	46.44%
2004-12-31	£0.14 B	1181.87%
2003-12-31	£11.05 M	66.45%
2002-12-31	£6.64 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