Spring Airlines (601021.SS)

Cash on Hand as of September 2024 : $1.37 Billion USD

According to Spring Airlines 's latest financial reports the company has $1.37 Billion USD 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.

Spring Airlines - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$1.49 B	31.43%
2021-12-31	$1.13 B	-19.15%
2020-12-31	$1.40 B	27.54%
2019-12-31	$1.10 B	55.31%
2018-12-31	$0.71 B	8.17%
2017-12-31	$0.65 B	-3.01%
2016-12-31	$0.67 B	42.04%
2015-12-31	$0.47 B	23.19%
2014-12-31	$0.38 B	59.05%
2013-12-31	$0.24 B	-7.03%
2012-12-31	$0.26 B	128.28%
2011-12-31	$0.11 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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Spring Airlines (601021.SS) - Cash on Hand