MAG Interactive (MAGI.ST)

Cash on Hand as of May 2024 : C$14.8 M

According to MAG Interactive's latest financial reports the company has C$14.8 M 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 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	C$15.31 M	-0.98%
2022-08-31	C$15.46 M	10.62%
2021-08-31	C$13.98 M	-42.49%
2020-08-31	C$24.3 M	-3.52%
2019-08-31	C$25.19 M	-22.92%
2018-08-31	C$32.68 M	248.89%
2017-08-31	C$9.36 M	-10.57%
2016-08-31	C$10.47 M	33.12%
2015-08-31	C$7.86 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