MTU Aero Engines (MTX.DE)

Cash on Hand as of December 2023 : £1.35 Billion

According to MTU Aero Engines 's latest financial reports the company has £1.35 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.

MTU Aero Engines - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£1.07 B	44.85%
2021-12-31	£0.74 B	1.46%
2020-12-31	£0.73 B	375.91%
2019-12-31	£0.15 B	33.09%
2018-12-31	£0.11 B	-3.02%
2017-12-31	£0.11 B	-61.74%
2016-12-31	£0.31 B	307%
2015-12-31	£76.51 M	-28.03%
2014-12-31	£0.10 B	-42.98%
2013-12-31	£0.18 B	-3.01%
2012-12-31	£0.19 B	-5.28%
2011-12-31	£0.20 B	24.1%
2010-12-31	£0.16 B	41.76%
2009-12-31	£0.11 B	63.66%
2008-12-31	£70.49 M	-4.85%
2007-12-31	£74.08 M	-9.03%
2006-12-31	£81.44 M	438.91%
2005-12-31	£15.11 M	-24.95%
2004-12-31	£20.13 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