Megaport Limited (MP1.AX)

Cash on Hand as of June 2024 : €46.3 Million

According to Megaport Limited's latest financial reports the company has €46.3 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.

Megaport Limited - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	€29.51 M	-45.71%
2022-06-30	€54.36 M	-36.82%
2021-06-30	€86.05 M	-15.6%
2020-06-30	€0.10 B	120.86%
2019-06-30	€46.16 M	28.98%
2018-06-30	€35.79 M	147.52%
2017-06-30	€14.46 M	78.23%
2016-06-30	€8.11 M
2015-07-31	€22.31 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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Megaport Limited (MP1.AX) - Cash on Hand