Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : €0.24 Billion

According to Magellan Financial Group's latest financial reports the company has €0.24 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	€0.27 B	105.67%
2021-06-30	€0.13 B	-49.89%
2020-06-30	€0.26 B	118.48%
2019-06-30	€0.12 B	14.57%
2018-06-30	€0.10 B	8.53%
2017-06-30	€98.49 M	21.66%
2016-06-30	€80.95 M	25.07%
2015-06-30	€64.72 M	13.58%
2014-06-30	€56.98 M	113.25%
2013-06-30	€26.72 M	3040.41%
2012-06-30	€0.85 M	-29%
2011-06-30	€1.19 M	-20.56%
2010-06-30	€1.5 M	-93.32%
2009-06-30	€22.58 M	-30.42%
2008-06-30	€32.46 M	-31.77%
2007-06-30	€47.58 M	4853.62%
2006-06-30	€0.96 M	-94.23%
2005-06-30	€16.64 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