Turkish Airlines (THYAO.IS)

Cash on Hand as of September 2024 : S$8.39 Billion

According to Turkish Airlines's latest financial reports the company has S$8.39 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	S$0.34 B	-90.76%
2021-12-31	S$3.74 B	1018.18%
2020-12-31	S$0.33 B	-90.08%
2019-12-31	S$3.37 B	484.33%
2018-12-31	S$0.57 B	-22.84%
2017-12-31	S$0.74 B	1.1%
2016-12-31	S$0.74 B	59.98%
2015-12-31	S$0.46 B	13.16%
2014-12-31	S$0.40 B	5.33%
2013-12-31	S$0.38 B	-44.39%
2012-12-31	S$0.69 B	13.71%
2011-12-31	S$0.61 B	28.44%
2010-12-31	S$0.47 B	-41.75%
2009-12-31	S$0.82 B	-32.28%
2008-12-31	S$1.21 B	48.6%
2007-12-31	S$0.81 B	189.7%
2006-12-31	S$0.28 B	-36.11%
2005-12-31	S$0.44 B	32.68%
2004-12-31	S$0.33 B	1106.47%
2003-12-31	S$27.56 M	81.83%
2002-12-31	S$15.16 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