Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : HK$2.24 Billion

According to Magellan Financial Group's latest financial reports the company has HK$2.24 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	HK$2.26 B	83.68%
2021-06-30	HK$1.23 B	-47.04%
2020-06-30	HK$2.33 B	114.25%
2019-06-30	HK$1.08 B	10.76%
2018-06-30	HK$0.98 B	11.94%
2017-06-30	HK$0.87 B	25.74%
2016-06-30	HK$0.69 B	24.86%
2015-06-30	HK$0.55 B	-7.63%
2014-06-30	HK$0.60 B	124.23%
2013-06-30	HK$0.26 B	3128.27%
2012-06-30	HK$8.35 M	-38.2%
2011-06-30	HK$13.52 M	-8%
2010-06-30	HK$14.69 M	-94.06%
2009-06-30	HK$0.24 B	-37.89%
2008-06-30	HK$0.39 B	-20.26%
2007-06-30	HK$0.49 B	5192.34%
2006-06-30	HK$9.44 M	-93.88%
2005-06-30	HK$0.15 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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Magellan Financial Group (MFG.AX) - Cash on Hand