MTU Aero Engines (MTX.DE)

Cash on Hand as of December 2023 : $1.70 Billion USD

According to MTU Aero Engines 's latest financial reports the company has $1.70 Billion USD 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	$1.30 B	29.82%
2021-12-31	$1.00 B	0.48%
2020-12-31	$0.99 B	394.7%
2019-12-31	$0.20 B	37.49%
2018-12-31	$0.14 B	-8.92%
2017-12-31	$0.16 B	-58.09%
2016-12-31	$0.38 B	238.88%
2015-12-31	$0.11 B	-31.5%
2014-12-31	$0.16 B	-46.18%
2013-12-31	$0.30 B	-1.02%
2012-12-31	$0.31 B	-1.5%
2011-12-31	$0.31 B	24.95%
2010-12-31	$0.25 B	35.23%
2009-12-31	$0.18 B	80.7%
2008-12-31	$0.10 B	-29.81%
2007-12-31	$0.14 B	-7.74%
2006-12-31	$0.15 B	512.13%
2005-12-31	$26.06 M	-32.59%
2004-12-31	$38.66 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