Magazine Luíza (MGLU3.SA)

Cash on Hand as of June 2024 : £0.26 Billion

According to Magazine Luíza 's latest financial reports the company has £0.26 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£0.42 B	-22.3%
2021-12-31	£0.54 B	33.63%
2020-12-31	£0.41 B	-54.55%
2019-12-31	£0.90 B	340.36%
2018-12-31	£0.20 B	-45.2%
2017-12-31	£0.37 B	5.89%
2016-12-31	£0.35 B	85.77%
2015-12-31	£0.19 B	-8.96%
2014-12-31	£0.20 B	5.36%
2013-12-31	£0.19 B	20.19%
2012-12-31	£0.16 B	143.42%
2011-12-31	£67.76 M	-53.71%
2010-12-31	£0.14 B	78.29%
2009-12-31	£82.11 M	224.08%
2008-12-31	£25.33 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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Magazine Luíza (MGLU3.SA) - Cash on Hand