Max Financial Services (MFSL.NS)

Cash on Hand as of March 2024 : A$0.61 Billion

According to Max Financial Services 's latest financial reports the company has A$0.61 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.

Max Financial Services - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$0.22 B	-51.68%
2022-03-31	A$0.46 B	10.58%
2021-03-31	A$0.41 B	10.25%
2020-03-31	A$0.37 B	3.96%
2019-03-31	A$0.36 B	120%
2018-03-31	A$0.16 B	127.63%
2017-03-31	A$72.49 M	-86.55%
2016-03-31	A$0.53 B	-18.5%
2015-03-31	A$0.66 B	52.25%
2014-03-31	A$0.43 B	-3.79%
2013-03-31	A$0.45 B	-16.79%
2012-03-31	A$0.54 B	-21.56%
2011-03-31	A$0.69 B	1024.12%
2010-03-31	A$61.52 M	-5.34%
2009-03-31	A$65 M	641.01%
2008-03-31	A$8.77 M	-47.46%
2007-03-31	A$16.69 M	44.28%
2006-03-31	A$11.57 M	41.79%
2005-03-31	A$8.16 M	9.68%
2004-03-31	A$7.44 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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Max Financial Services (MFSL.NS) - Cash on Hand