Membership Collective (MCG) - Cash on Hand

Cash on Hand as of December 2022 : A$0.29 Billion

According to Membership Collective's latest financial reports the company has A$0.29 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.

Membership Collective - Cash on Hand chart (from 2020 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.26 B	-8.84%
2021-12-31	A$0.29 B	326.83%
2020-12-31	A$68.78 M	9.32%
2019-12-31	A$62.91 M	-7.17%
2018-12-31	A$67.77 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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