El Al Israel Airlines (ELAL.TA)

Cash on Hand as of June 2024 : HK$8.48 Billion

According to El Al Israel Airlines's latest financial reports the company has HK$8.48 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.

El Al Israel Airlines - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$3.16 B	43.1%
2022-12-31	HK$2.21 B	213.69%
2021-12-31	HK$0.70 B	13.49%
2020-12-31	HK$0.62 B	-65.17%
2019-12-31	HK$1.78 B	18%
2018-12-31	HK$1.51 B	-29.46%
2017-12-31	HK$2.14 B	37.46%
2016-12-31	HK$1.56 B	4.9%
2015-12-31	HK$1.48 B	249.49%
2014-12-31	HK$0.42 B	-43%
2013-12-31	HK$0.74 B	53.92%
2012-12-31	HK$0.48 B	-34.51%
2011-12-31	HK$0.74 B	-45.48%
2010-12-31	HK$1.35 B	52.86%
2009-12-31	HK$0.88 B	96.86%
2008-12-31	HK$0.45 B	-78.34%
2007-12-31	HK$2.08 B	77.65%
2006-12-31	HK$1.17 B	-26.82%
2005-12-31	HK$1.60 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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El Al Israel Airlines (ELAL.TA) - Cash on Hand