Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2024 : A$0.47 Billion

According to Mount Gibson Iron's latest financial reports the company has A$0.47 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$0.16 B	29.34%
2022-06-30	A$0.12 B	-64.28%
2021-06-30	A$0.35 B	-16.93%
2020-06-30	A$0.42 B	10.06%
2019-06-30	A$0.38 B	115.38%
2018-06-30	A$0.17 B	0.14%
2017-06-30	A$0.17 B	182.59%
2016-06-30	A$63.08 M	-30.68%
2015-06-30	A$91 M	29.14%
2014-06-30	A$70.47 M	13.63%
2013-06-30	A$62.01 M	52.46%
2012-06-30	A$40.67 M	-65.23%
2011-06-30	A$0.11 B	-52.71%
2010-06-30	A$0.24 B	11.36%
2009-06-30	A$0.22 B	356.6%
2008-06-30	A$48.65 M	-19.97%
2007-06-30	A$60.79 M	1236.81%
2006-06-30	A$4.54 M	-87.68%
2005-06-30	A$36.91 M	903.36%
2004-06-30	A$3.67 M	-51.29%
2003-06-30	A$7.55 M	118.59%
2002-06-30	A$3.45 M	174.25%
2001-06-30	A$1.25 M
1998-06-30	A$0.2 M	-10.43%
1997-06-30	A$0.23 M	134.69%
1996-06-30	A$0.09 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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