Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2024 : HK$2.40 Billion

According to Mount Gibson Iron's latest financial reports the company has HK$2.40 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-06-30	HK$2.41 B	184.52%
2023-06-30	HK$0.84 B	24.78%
2022-06-30	HK$0.67 B	-66.79%
2021-06-30	HK$2.04 B	-9.6%
2020-06-30	HK$2.26 B	7.31%
2019-06-30	HK$2.10 B	103.39%
2018-06-30	HK$1.03 B	-2.92%
2017-06-30	HK$1.06 B	193.04%
2016-06-30	HK$0.36 B	-32.81%
2015-06-30	HK$0.54 B	5.38%
2014-06-30	HK$0.51 B	17.28%
2013-06-30	HK$0.43 B	35.86%
2012-06-30	HK$0.32 B	-66.88%
2011-06-30	HK$0.97 B	-40.2%
2010-06-30	HK$1.63 B	17.18%
2009-06-30	HK$1.39 B	283.88%
2008-06-30	HK$0.36 B	-9.82%
2007-06-30	HK$0.40 B	1439.95%
2006-06-30	HK$26.12 M	-88.06%
2005-06-30	HK$0.21 B	1004.64%
2004-06-30	HK$19.81 M	-49.63%
2003-06-30	HK$39.33 M	159.99%
2002-06-30	HK$15.12 M	200.81%
2001-06-30	HK$5.02 M
1998-06-30	HK$0.99 M	-26.35%
1997-06-30	HK$1.34 M	125.29%
1996-06-30	HK$0.59 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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