M&G plc (MNG.L) - Cash on Hand

Cash on Hand as of December 2023 : HK$55.28 Billion

According to M&G plc's latest financial reports the company has HK$55.28 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.

M&G plc - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$46.16 B	-36.51%
2021-12-31	HK$72.70 B	1.55%
2020-12-31	HK$71.60 B	15.96%
2019-12-31	HK$61.74 B	-5.35%
2018-12-31	HK$65.23 B	-15.95%
2017-12-31	HK$77.62 B	60.45%
2016-12-31	HK$48.37 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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