Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : HK$48.45 Billion

According to Turkish Airlines's latest financial reports the company has HK$48.45 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	HK$2.01 B	-90.66%
2021-12-31	HK$21.61 B	1000.62%
2020-12-31	HK$1.96 B	-89.94%
2019-12-31	HK$19.52 B	488.88%
2018-12-31	HK$3.31 B	-24.28%
2017-12-31	HK$4.37 B	10.22%
2016-12-31	HK$3.97 B	56.43%
2015-12-31	HK$2.53 B	5.63%
2014-12-31	HK$2.40 B	1.03%
2013-12-31	HK$2.37 B	-46.31%
2012-12-31	HK$4.43 B	20.18%
2011-12-31	HK$3.68 B	27.5%
2010-12-31	HK$2.89 B	-36.28%
2009-12-31	HK$4.53 B	-30.78%
2008-12-31	HK$6.55 B	48.19%
2007-12-31	HK$4.42 B	209.48%
2006-12-31	HK$1.43 B	-30.41%
2005-12-31	HK$2.05 B	29.71%
2004-12-31	HK$1.58 B	1170.19%
2003-12-31	HK$0.12 B	84.57%
2002-12-31	HK$67.57 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