Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : A$95.23 Million

According to Mercia Asset Management's latest financial reports the company has A$95.23 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.

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	30.36%
2023-03-31	A$69.77 M	-34.98%
2022-03-31	A$0.10 B	8.54%
2021-03-31	A$98.87 M	63.32%
2020-03-31	A$60.53 M	10.47%
2019-03-31	A$54.79 M	-43.23%
2018-03-31	A$96.52 M	-7.22%
2017-03-31	A$0.10 B	79.28%
2016-03-31	A$58.03 M	-44.04%
2015-03-31	A$0.10 B	149568.06%
2014-03-31	A$0.06 M	-12.2%
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