Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : A$8.75 B

According to Migdal Insurance and Financial Holdings's latest financial reports the company has A$8.75 B 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$16.71 B	3.39%
2022-12-31	A$16.16 B	-3.43%
2021-12-31	A$16.74 B	40.81%
2020-12-31	A$11.89 B	-7.74%
2019-12-31	A$12.88 B	22.28%
2018-12-31	A$10.54 B	12.61%
2017-12-31	A$9.36 B	18.88%
2016-12-31	A$7.87 B	5.63%
2015-12-31	A$7.45 B	63.9%
2014-12-31	A$4.54 B	-6.73%
2013-12-31	A$4.87 B	60.79%
2012-12-31	A$3.03 B	39.32%
2011-12-31	A$2.17 B	-89.49%
2010-12-31	A$20.71 B	495836.13%
2009-12-31	A$4.17 M	-99.98%
2008-12-31	A$19.86 B	2251.55%
2007-12-31	A$0.84 B	-46.66%
2006-12-31	A$1.58 B	-87.68%
2005-12-31	A$12.85 B

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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand