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

Cash on Hand as of June 2024 : NZ$0.53 Billion

According to Mount Gibson Iron's latest financial reports the company has NZ$0.53 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	NZ$0.50 B	187.12%
2023-06-30	NZ$0.17 B	27.14%
2022-06-30	NZ$0.13 B	-63.16%
2021-06-30	NZ$0.37 B	-16.8%
2020-06-30	NZ$0.45 B	12.72%
2019-06-30	NZ$0.40 B	105.82%
2018-06-30	NZ$0.19 B	4.39%
2017-06-30	NZ$0.18 B	183.92%
2016-06-30	NZ$65.85 M	-36.17%
2015-06-30	NZ$0.10 B	36.04%
2014-06-30	NZ$75.83 M	3.64%
2013-06-30	NZ$73.17 M	40.94%
2012-06-30	NZ$51.91 M	-65.71%
2011-06-30	NZ$0.15 B	-50.03%
2010-06-30	NZ$0.30 B	8.06%
2009-06-30	NZ$0.28 B	358.31%
2008-06-30	NZ$61.17 M	-8.66%
2007-06-30	NZ$66.96 M	1105.65%
2006-06-30	NZ$5.55 M	-86.51%
2005-06-30	NZ$41.18 M	936.58%
2004-06-30	NZ$3.97 M	-54.15%
2003-06-30	NZ$8.66 M	117.09%
2002-06-30	NZ$3.99 M	151.65%
2001-06-30	NZ$1.58 M
1998-06-30	NZ$0.24 M	-3.84%
1997-06-30	NZ$0.25 M	126.95%
1996-06-30	NZ$0.11 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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