Megaport Limited (MP1.AX)

Cash on Hand as of June 2024 : A$74.99 Million

According to Megaport Limited's latest financial reports the company has A$74.99 Million 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.

Megaport Limited - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$48.45 M	-41.3%
2022-06-30	A$82.54 M	-39.44%
2021-06-30	A$0.13 B	-18.32%
2020-06-30	A$0.16 B	122.86%
2019-06-30	A$74.87 M	32.33%
2018-06-30	A$56.58 M	162.84%
2017-06-30	A$21.52 M	78.12%
2016-06-30	A$12.08 M
2015-07-31	A$33.46 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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Megaport Limited (MP1.AX) - Cash on Hand