MTU Aero Engines (MTX.DE)

Cash on Hand as of December 2023 : £1.29 B

According to MTU Aero Engines 's latest financial reports the company has £1.29 B 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	44.57%
2021-12-31	£0.74 B	2.45%
2020-12-31	£0.72 B	376.82%
2019-12-31	£0.15 B	32.32%
2018-12-31	£0.11 B	-3.39%
2017-12-31	£0.11 B	-61.74%
2016-12-31	£0.31 B	308.05%
2015-12-31	£76.31 M	-28.29%
2014-12-31	£0.10 B	-42.87%
2013-12-31	£0.18 B	-2.97%
2012-12-31	£0.19 B	-5.4%
2011-12-31	£0.20 B	23.99%
2010-12-31	£0.16 B	40.85%
2009-12-31	£0.11 B	60.72%
2008-12-31	£72.3 M	-2.85%
2007-12-31	£74.42 M	-8.61%
2006-12-31	£81.44 M	438.91%
2005-12-31	£15.11 M	-32.73%
2004-12-31	£22.46 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