MEG Energy (MEG.TO) - Cash on Hand

Cash on Hand as of September 2024 : C$0.16 Billion

According to MEG Energy's latest financial reports the company has C$0.16 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.

MEG Energy - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.16 B	-16.67%
2022-12-31	C$0.19 B	-46.81%
2021-12-31	C$0.36 B	216.67%
2020-12-31	C$0.11 B	-44.66%
2019-12-31	C$0.20 B	-35.22%
2018-12-31	C$0.31 B	-31.4%
2017-12-31	C$0.46 B	196.7%
2016-12-31	C$0.15 B	-61.73%
2015-12-31	C$0.40 B	-37.78%
2014-12-31	C$0.65 B	-44.35%
2013-12-31	C$1.17 B	-41.28%
2012-12-31	C$2.00 B	21.9%
2011-12-31	C$1.64 B	18.1%
2010-12-31	C$1.39 B	44.05%
2009-12-31	C$0.96 B	301.48%
2008-12-31	C$0.24 B

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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