MAG Interactive (MAGI.ST)

Cash on Hand as of May 2024 : A$16.36 M

According to MAG Interactive's latest financial reports the company has A$16.36 M 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	A$17.46 M	1.42%
2022-08-31	A$17.22 M	13.67%
2021-08-31	A$15.15 M	-39.97%
2020-08-31	A$25.23 M	-9.82%
2019-08-31	A$27.98 M	-19.65%
2018-08-31	A$34.82 M	269.3%
2017-08-31	A$9.43 M	-11.66%
2016-08-31	A$10.67 M	28.33%
2015-08-31	A$8.31 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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MAG Interactive (MAGI.ST) - Cash on Hand