Montrose Environmental (MEG) - Cash on Hand

Cash on Hand as of June 2024 : A$25.67 Million

According to Montrose Environmental's latest financial reports the company has A$25.67 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.

Montrose Environmental - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$34.11 M	-74.16%
2022-12-31	A$0.13 B	-34.78%
2021-12-31	A$0.20 B	352.62%
2020-12-31	A$44.71 M	388.38%
2019-12-31	A$9.15 M	159.17%
2018-12-31	A$3.53 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
E. W. Scripps Company SSP	A$40.47 M	57.65%	🇺🇸 USA
New York Times NYT	A$0.62 B	2,333.49%	🇺🇸 USA
Sinclair Broadcast SBGI	A$0.57 B	2,136.02%	🇺🇸 USA
Entravision Communications EVC	A$0.13 B	422.31%	🇺🇸 USA
Nexstar Media Group NXST	A$0.22 B	763.65%	🇺🇸 USA
Daily Journal DJCO	A$0.50 B	1,881.73%	🇺🇸 USA
Lee Enterprises LEE	A$24.46 M	-4.72%	🇺🇸 USA
Gray Television GTN	A$0.11 B	343.66%	🇺🇸 USA
Gannett GCI	A$0.15 B	484.95%	🇺🇸 USA

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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