Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : £4.62 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has £4.62 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£8.93 B	-1.71%
2022-12-31	£9.09 B	0.84%
2021-12-31	£9.01 B	34.17%
2020-12-31	£6.72 B	-2.71%
2019-12-31	£6.90 B	18.07%
2018-12-31	£5.85 B	8.22%
2017-12-31	£5.40 B	17.55%
2016-12-31	£4.59 B	25.54%
2015-12-31	£3.66 B	52.96%
2014-12-31	£2.39 B	-9.15%
2013-12-31	£2.63 B	35.54%
2012-12-31	£1.94 B	35.47%
2011-12-31	£1.43 B	-89.43%
2010-12-31	£13.58 B	588390.42%
2009-12-31	£2.3 M	-99.98%
2008-12-31	£9.35 B	2419.39%
2007-12-31	£0.37 B	-41.7%
2006-12-31	£0.63 B	-88.32%
2005-12-31	£5.45 B

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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand