Magnit (MGNT.ME) - Cash on Hand

Cash on Hand as of June 2023 : HK$26.85 Billion

According to Magnit 's latest financial reports the company has HK$26.85 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.

Magnit - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$33.37 B	334.67%
2021-12-31	HK$7.67 B	63.98%
2020-12-31	HK$4.68 B	294.11%
2019-12-31	HK$1.18 B	-40.39%
2018-12-31	HK$1.99 B	-20.78%
2017-12-31	HK$2.51 B	26.38%
2016-12-31	HK$1.99 B	116.04%
2015-12-31	HK$0.92 B	-62.56%
2014-12-31	HK$2.46 B	74.1%
2013-12-31	HK$1.41 B	-55.42%
2012-12-31	HK$3.17 B	78.3%
2011-12-31	HK$1.77 B	41.32%
2010-12-31	HK$1.25 B	-57.21%
2009-12-31	HK$2.94 B	219.97%
2008-12-31	HK$0.91 B	-11.85%
2007-12-31	HK$1.04 B	45.74%
2006-12-31	HK$0.71 B	102.6%
2005-12-31	HK$0.35 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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