Mount Gibson Iron (MGX.AX)

Cash on Hand as of June 2023 : £82.47 M

According to Mount Gibson Iron's latest financial reports the company has £82.47 M 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	£85.14 M	19.42%
2022-06-30	£71.3 M	-62.68%
2021-06-30	£0.19 B	-18.9%
2020-06-30	£0.23 B	10.76%
2019-06-30	£0.21 B	112.57%
2018-06-30	£0.10 B	-4.91%
2017-06-30	£0.10 B	201.84%
2016-06-30	£34.86 M	-21.73%
2015-06-30	£44.54 M	14.26%
2014-06-30	£38.98 M	4.62%
2013-06-30	£37.26 M	40.31%
2012-06-30	£26.55 M	-65.8%
2011-06-30	£77.64 M	-44.43%
2010-06-30	£0.13 B	28.98%
2009-06-30	£0.10 B	363.36%
2008-06-30	£23.38 M	-9.08%
2007-06-30	£25.71 M	1297.51%
2006-06-30	£1.84 M	-88.21%
2005-06-30	£15.6 M	1009.09%
2004-06-30	£1.4 M	-54.03%
2003-06-30	£3.05 M	141.76%
2002-06-30	£1.26 M	177.79%
2001-06-30	£0.45 M
1998-06-30	£0.07 M	-26.55%
1997-06-30	£0.1 M	110.16%
1996-06-30	£0.04 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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Mount Gibson Iron (MGX.AX) - Cash on Hand