MAG Interactive (MAGI.ST)

Cash on Hand as of May 2025 : C$13.53 Million

According to MAG Interactive's latest financial reports the company has C$13.53 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2025)

Cash on Hand by year

Year	Cash on Hand	Change
2024-08-31	C$16 M	5.91%
2023-08-31	C$15.1 M	-2.54%
2022-08-31	C$15.5 M	10.86%
2021-08-31	C$13.98 M	-42.25%
2020-08-31	C$24.21 M	-3.9%
2019-08-31	C$25.19 M	-22.68%
2018-08-31	C$32.58 M	248.11%
2017-08-31	C$9.36 M	-10.58%
2016-08-31	C$10.46 M	33.92%
2015-08-31	C$7.81 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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MAG Interactive (MAGI.ST) - Cash on Hand