Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : HK$0.46 Billion

According to Mercia Asset Management's latest financial reports the company has HK$0.46 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	HK$0.46 B	26.09%
2023-03-31	HK$0.36 B	-41.63%
2022-03-31	HK$0.63 B	7.75%
2021-03-31	HK$0.58 B	101.99%
2020-03-31	HK$0.28 B	-5.01%
2019-03-31	HK$0.30 B	-47.64%
2018-03-31	HK$0.58 B	-5.94%
2017-03-31	HK$0.61 B	79.52%
2016-03-31	HK$0.34 B	-44.03%
2015-03-31	HK$0.61 B	123635.66%
2014-03-31	HK$0.49 M	-22%
2013-03-31	HK$0.63 M	-57.75%
2012-03-31	HK$1.51 M

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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Mercia Asset Management (MERC.L) - Cash on Hand