Mahanagar Gas (MGL.NS) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.59 Billion

According to Mahanagar Gas's latest financial reports the company has HK$1.59 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.

Mahanagar Gas - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$1.46 B	-8.36%
2022-03-31	HK$1.60 B	-1.86%
2021-03-31	HK$1.63 B	20.3%
2020-03-31	HK$1.35 B	27.52%
2019-03-31	HK$1.06 B	13.33%
2018-03-31	HK$0.93 B	29.97%
2017-03-31	HK$0.72 B	8.9%
2016-03-31	HK$0.66 B	5.23%
2015-03-31	HK$0.62 B	13.04%
2014-03-31	HK$0.55 B	6.08%
2013-03-31	HK$0.52 B	21.06%
2012-03-31	HK$0.43 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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