Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : £4.96 Billion

According to Turkish Airlines's latest financial reports the company has £4.96 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	£0.21 B	-89.6%
2021-12-31	£2.05 B	1004.94%
2020-12-31	£0.18 B	-90.28%
2019-12-31	£1.91 B	473.18%
2018-12-31	£0.33 B	-19.57%
2017-12-31	£0.41 B	-0.12%
2016-12-31	£0.41 B	87.78%
2015-12-31	£0.22 B	11.05%
2014-12-31	£0.19 B	7.01%
2013-12-31	£0.18 B	-47.41%
2012-12-31	£0.35 B	15.8%
2011-12-31	£0.30 B	26.88%
2010-12-31	£0.24 B	-33.45%
2009-12-31	£0.36 B	-37.52%
2008-12-31	£0.57 B	102.67%
2007-12-31	£0.28 B	204.38%
2006-12-31	£93.87 M	-38.92%
2005-12-31	£0.15 B	44.73%
2004-12-31	£0.10 B	1080.48%
2003-12-31	£8.99 M	66.45%
2002-12-31	£5.4 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