Spring Airlines (601021.SS)

Cash on Hand as of September 2024 : NZ$2.38 Billion

According to Spring Airlines 's latest financial reports the company has NZ$2.38 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	NZ$2.35 B	41.4%
2021-12-31	NZ$1.66 B	-14.59%
2020-12-31	NZ$1.95 B	19.05%
2019-12-31	NZ$1.64 B	54.68%
2018-12-31	NZ$1.06 B	14.52%
2017-12-31	NZ$0.92 B	-5.41%
2016-12-31	NZ$0.97 B	40.35%
2015-12-31	NZ$0.69 B	41.02%
2014-12-31	NZ$0.49 B	66.81%
2013-12-31	NZ$0.29 B	-6.93%
2012-12-31	NZ$0.31 B	116.57%
2011-12-31	NZ$0.14 B

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