GOL Airlines (GOLL4.SA) - Cash on Hand

Cash on Hand as of September 2024 : ₹28.65 Billion

According to GOL Airlines's latest financial reports the company has ₹28.65 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.

GOL Airlines - Cash on Hand chart (from 2004 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹10.98 B	22.38%
2022-12-31	₹8.97 B	-13.64%
2021-12-31	₹10.39 B	-55.22%
2020-12-31	₹23.20 B	-49.73%
2019-12-31	₹46.15 B	96.04%
2018-12-31	₹23.54 B	-38.48%
2017-12-31	₹38.26 B	84.42%
2016-12-31	₹20.75 B	-21%
2015-12-31	₹26.26 B	-49.9%
2014-12-31	₹52.42 B	-28.27%
2013-12-31	₹73.09 B	100.65%
2012-12-31	₹36.42 B	-42.74%
2011-12-31	₹63.61 B	19.25%
2010-12-31	₹53.34 B	40.83%
2009-12-31	₹37.87 B	341.4%
2008-12-31	₹8.58 B	-72.27%
2007-12-31	₹30.94 B	-12.69%
2006-12-31	₹35.43 B	95.26%
2005-12-31	₹18.14 B	162.66%
2004-12-31	₹6.90 B	200.95%
2003-12-31	₹2.29 B	2595.71%
2002-12-31	₹85.17 M	82.19%
2001-12-31	₹46.74 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Copa Holdings CPA	₹89.86 B	213.59%	🇵🇦 Panama
Delta Air Lines DAL	₹340.56 B	1,088.45%	🇺🇸 USA
China Eastern Airlines 600115.SS	₹48.09 B	67.83%	🇨🇳 China

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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