Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : £0.23 Billion

According to Magellan Financial Group's latest financial reports the company has £0.23 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	£0.23 B	107.38%
2021-06-30	£0.11 B	-52.98%
2020-06-30	£0.24 B	122.74%
2019-06-30	£0.10 B	15.76%
2018-06-30	£94.71 M	9.65%
2017-06-30	£86.38 M	29.37%
2016-06-30	£66.76 M	45.74%
2015-06-30	£45.81 M	0%
2014-06-30	£45.81 M	100.39%
2013-06-30	£22.86 M	3229.76%
2012-06-30	£0.68 M	-36.48%
2011-06-30	£1.08 M	-14.41%
2010-06-30	£1.26 M	-93.49%
2009-06-30	£19.39 M	-24.38%
2008-06-30	£25.65 M	-19.7%
2007-06-30	£31.94 M	4754.63%
2006-06-30	£0.65 M	-94.07%
2005-06-30	£11.09 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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Magellan Financial Group (MFG.AX) - Cash on Hand