Mount Gibson Iron (MGX.AX)

Cash on Hand as of June 2023 : C$0.14 B

According to Mount Gibson Iron's latest financial reports the company has C$0.14 B 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$0.14 B	28.16%
2022-06-30	C$0.11 B	-65.83%
2021-06-30	C$0.32 B	-17.59%
2020-06-30	C$0.39 B	12.01%
2019-06-30	C$0.35 B	103.92%
2018-06-30	C$0.17 B	-2.26%
2017-06-30	C$0.17 B	191.88%
2016-06-30	C$60.91 M	-29.87%
2015-06-30	C$86.86 M	22.64%
2014-06-30	C$70.83 M	18.79%
2013-06-30	C$59.62 M	40.56%
2012-06-30	C$42.42 M	-64.97%
2011-06-30	C$0.12 B	-45.49%
2010-06-30	C$0.22 B	7.12%
2009-06-30	C$0.20 B	337.45%
2008-06-30	C$47.4 M	-13.13%
2007-06-30	C$54.56 M	1360.99%
2006-06-30	C$3.73 M	-89.16%
2005-06-30	C$34.46 M	908.55%
2004-06-30	C$3.41 M	-49.71%
2003-06-30	C$6.79 M	131.08%
2002-06-30	C$2.94 M	201.02%
2001-06-30	C$0.97 M
1998-06-30	C$0.18 M	-21.52%
1997-06-30	C$0.23 M	127.98%
1996-06-30	C$0.1 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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Mount Gibson Iron (MGX.AX) - Cash on Hand