Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2024 : C$0.43 Billion

According to Mount Gibson Iron's latest financial reports the company has C$0.43 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$0.14 B	27.98%
2022-06-30	C$0.11 B	-66.01%
2021-06-30	C$0.32 B	-17.55%
2020-06-30	C$0.39 B	12.07%
2019-06-30	C$0.35 B	103.92%
2018-06-30	C$0.17 B	-2.37%
2017-06-30	C$0.17 B	192.05%
2016-06-30	C$60.95 M	-29.67%
2015-06-30	C$86.66 M	22.45%
2014-06-30	C$70.77 M	18.7%
2013-06-30	C$59.62 M	40.56%
2012-06-30	C$42.42 M	-64.95%
2011-06-30	C$0.12 B	-45.28%
2010-06-30	C$0.22 B	6.26%
2009-06-30	C$0.20 B	338.06%
2008-06-30	C$47.51 M	-12.93%
2007-06-30	C$54.56 M	1349.15%
2006-06-30	C$3.76 M	-89.08%
2005-06-30	C$34.49 M	918.25%
2004-06-30	C$3.38 M	-50.14%
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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