Meridian Energy (MEZ.AX)

Cash on Hand as of June 2024 : HK$1.04 Billion

According to Meridian Energy's latest financial reports the company has HK$1.04 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.

Meridian Energy - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$1.00 B	-43.14%
2022-06-30	HK$1.77 B	120.76%
2021-06-30	HK$0.80 B	-8.4%
2020-06-30	HK$0.87 B	114.01%
2019-06-30	HK$0.40 B	28.46%
2018-06-30	HK$0.31 B	-30.12%
2017-06-30	HK$0.45 B	-30.03%
2016-06-30	HK$0.65 B	78.3%
2015-06-30	HK$0.36 B	-80.54%
2014-06-30	HK$1.88 B	-18.23%
2013-06-30	HK$2.29 B	72.24%
2012-06-30	HK$1.33 B	-43.61%
2011-06-30	HK$2.36 B	715.18%
2010-06-30	HK$0.29 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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Meridian Energy (MEZ.AX) - Cash on Hand