Meridian Energy (MEZ.AX)

Cash on Hand as of June 2024 : A$0.21 Billion

According to Meridian Energy's latest financial reports the company has A$0.21 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.

Meridian Energy - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$0.19 B	-40.84%
2022-06-30	A$0.32 B	138.54%
2021-06-30	A$0.13 B	-16.36%
2020-06-30	A$0.16 B	120.46%
2019-06-30	A$74.66 M	36.04%
2018-06-30	A$54.88 M	-27.87%
2017-06-30	A$76.09 M	-32.39%
2016-06-30	A$0.11 B	82.98%
2015-06-30	A$61.5 M	-76.12%
2014-06-30	A$0.25 B	-20.58%
2013-06-30	A$0.32 B	93.04%
2012-06-30	A$0.16 B	-40.95%
2011-06-30	A$0.28 B	541.9%
2010-06-30	A$44.31 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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Meridian Energy (MEZ.AX) - Cash on Hand