Turkish Airlines (THYAO.IS)

Cash on Hand as of June 2024 : NZ$9.70 Billion

According to Turkish Airlines's latest financial reports the company has NZ$9.70 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	NZ$0.40 B	-89.97%
2021-12-31	NZ$4.05 B	1055.89%
2020-12-31	NZ$0.35 B	-90.57%
2019-12-31	NZ$3.72 B	489.74%
2018-12-31	NZ$0.63 B	-20.02%
2017-12-31	NZ$0.78 B	6.7%
2016-12-31	NZ$0.73 B	54.49%
2015-12-31	NZ$0.47 B	21.01%
2014-12-31	NZ$0.39 B	5.93%
2013-12-31	NZ$0.37 B	-46.27%
2012-12-31	NZ$0.69 B	14.25%
2011-12-31	NZ$0.60 B	26.28%
2010-12-31	NZ$0.48 B	-40.23%
2009-12-31	NZ$0.80 B	-44.89%
2008-12-31	NZ$1.46 B	97.36%
2007-12-31	NZ$0.74 B	183.93%
2006-12-31	NZ$0.26 B	-32.69%
2005-12-31	NZ$0.38 B	35.72%
2004-12-31	NZ$0.28 B	1033.24%
2003-12-31	NZ$25.21 M	49.5%
2002-12-31	NZ$16.86 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