Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : C$85.38 Million

According to Mercia Asset Management's latest financial reports the company has C$85.38 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	C$80.25 M	26.64%
2023-03-31	C$63.37 M	-36.95%
2022-03-31	C$0.10 B	5.86%
2021-03-31	C$94.94 M	79.31%
2020-03-31	C$52.95 M	2.15%
2019-03-31	C$51.83 M	-45.86%
2018-03-31	C$95.74 M	-9.84%
2017-03-31	C$0.10 B	84.05%
2016-03-31	C$57.69 M	-42.68%
2015-03-31	C$0.10 B	141859.17%
2014-03-31	C$0.07 M	-15.22%
2013-03-31	C$0.08 M	-56.95%
2012-03-31	C$0.19 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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Mercia Asset Management (MERC.L) - Cash on Hand