Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : C$0.39 Billion

According to Magellan Financial Group's latest financial reports the company has C$0.39 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	C$0.37 B	88.8%
2021-06-30	C$0.19 B	-51.73%
2020-06-30	C$0.40 B	123.98%
2019-06-30	C$0.18 B	10.76%
2018-06-30	C$0.16 B	12.68%
2017-06-30	C$0.14 B	25.32%
2016-06-30	C$0.11 B	29.56%
2015-06-30	C$89.92 M	7.99%
2014-06-30	C$83.27 M	127.75%
2013-06-30	C$36.56 M	3233.72%
2012-06-30	C$1.09 M	-34.51%
2011-06-30	C$1.67 M	-16.18%
2010-06-30	C$1.99 M	-94.56%
2009-06-30	C$36.7 M	-29.52%
2008-06-30	C$52.07 M	-23.18%
2007-06-30	C$67.78 M	4918.19%
2006-06-30	C$1.35 M	-94.52%
2005-06-30	C$24.65 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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Magellan Financial Group (MFG.AX) - Cash on Hand