Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : $6.23 Billion USD

According to Turkish Airlines's latest financial reports the company has $6.23 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.

Turkish Airlines - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.25 B	-90.68%
2021-12-31	$2.77 B	994.22%
2020-12-31	$0.25 B	-89.89%
2019-12-31	$2.50 B	492.12%
2018-12-31	$0.42 B	-24.46%
2017-12-31	$0.56 B	9.4%
2016-12-31	$0.51 B	56.35%
2015-12-31	$0.32 B	5.71%
2014-12-31	$0.30 B	1%
2013-12-31	$0.30 B	-46.33%
2012-12-31	$0.57 B	20.42%
2011-12-31	$0.47 B	27.75%
2010-12-31	$0.37 B	-36.51%
2009-12-31	$0.58 B	-31.02%
2008-12-31	$0.84 B	49.52%
2007-12-31	$0.56 B	208.71%
2006-12-31	$0.18 B	-30.62%
2005-12-31	$0.26 B	30.01%
2004-12-31	$0.20 B	1144.95%
2003-12-31	$16.37 M	85.7%
2002-12-31	$8.81 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