MEG Energy (MEG.TO) - Cash on Hand

Cash on Hand as of June 2024 : HK$0.48 Billion

According to MEG Energy's latest financial reports the company has HK$0.48 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.

MEG Energy - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.94 B	-14.78%
2022-12-31	HK$1.10 B	-49.95%
2021-12-31	HK$2.20 B	218.68%
2020-12-31	HK$0.69 B	-43.58%
2019-12-31	HK$1.22 B	-32.8%
2018-12-31	HK$1.82 B	-36.54%
2017-12-31	HK$2.88 B	219.52%
2016-12-31	HK$0.90 B	-60.47%
2015-12-31	HK$2.28 B	-47.99%
2014-12-31	HK$4.38 B	-48.94%
2013-12-31	HK$8.58 B	-45.12%
2012-12-31	HK$15.65 B	24.45%
2011-12-31	HK$12.57 B	15.83%
2010-12-31	HK$10.85 B	52.19%
2009-12-31	HK$7.13 B	365.52%
2008-12-31	HK$1.53 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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