Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : A$88.89 M

According to Mercia Asset Management's latest financial reports the company has A$88.89 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	A$90.95 M	30.4%
2023-03-31	A$69.75 M	-35.08%
2022-03-31	A$0.10 B	8.35%
2021-03-31	A$99.16 M	61.68%
2020-03-31	A$61.33 M	11.92%
2019-03-31	A$54.79 M	-43.23%
2018-03-31	A$96.52 M	-7.81%
2017-03-31	A$0.10 B	80.29%
2016-03-31	A$58.07 M	-44.09%
2015-03-31	A$0.10 B	149583.05%
2014-03-31	A$0.06 M	-12.08%
2013-03-31	A$0.07 M	-57.89%
2012-03-31	A$0.18 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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Mercia Asset Management (MERC.L) - Cash on Hand