Magic Empire Global (Giraffe Capital) (MEGL)

Cash on Hand as of December 2024 : $16.42 Million USD

According to Magic Empire Global (Giraffe Capital)'s latest financial reports the company has $16.42 Million 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.

Magic Empire Global (Giraffe Capital) - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$16.42 M	38.82%
2023-12-31	$11.83 M	-24.11%
2022-12-31	$15.59 M	940.23%
2021-12-31	$1.49 M	47.47%
2020-12-31	$1.01 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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Magic Empire Global (Giraffe Capital) (MEGL) - Cash on Hand