Fortescue (FMG.AX) - Cash on Hand

Cash on Hand as of June 2023 : $4.28 B

According to Fortescue's latest financial reports the company has $4.28 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.

Fortescue - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$$4.28 B	-17.94%
2022-06-30	$$5.22 B	0.33%
2021-06-30	$$5.20 B	56.07%
2020-06-30	$$3.33 B	153.49%
2019-06-30	$$1.31 B	106.13%
2018-06-30	$$0.63 B	-54.8%
2017-06-30	$$1.41 B	19.45%
2016-06-30	$$1.18 B	-35.27%
2015-06-30	$$1.82 B	-19.1%
2014-06-30	$$2.25 B	14.63%
2013-06-30	$$1.97 B	-17.88%
2012-06-30	$$2.39 B	-15.74%
2011-06-30	$$2.84 B	173.88%
2010-06-30	$$1.03 B	96.88%
2009-06-30	$$0.52 B	199.61%
2008-06-30	$$0.17 B	-85.63%
2007-06-30	$$1.22 B	8884.14%
2006-06-30	$$13.64 M	-66.76%
2005-06-30	$$41.06 M	1559.83%
2004-06-30	$$2.47 M	206.06%
2003-06-30	$$0.8 M	60.48%
2002-06-30	$$0.5 M	116.79%
2001-06-30	$$0.23 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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