Marks Electrical Group (MRK.L)

Cash on Hand as of March 2024 : C$14.2 Million

According to Marks Electrical Group's latest financial reports the company has C$14.2 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.

Marks Electrical Group - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	C$13.36 M	-19.98%
2023-03-31	C$16.7 M	163.03%
2022-03-31	C$6.35 M	145.16%
2021-03-31	C$2.59 M	724.95%
2020-03-31	C$0.31 M	-73.09%
2019-03-31	C$1.16 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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Marks Electrical Group (MRK.L) - Cash on Hand