Morgan Advanced Materials (MGAM.L) - Cash on Hand

Cash on Hand as of December 2023 : HK$1.21 Billion

According to Morgan Advanced Materials's latest financial reports the company has HK$1.21 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.

Morgan Advanced Materials - Cash on Hand chart (from 2004 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.22 B	13.78%
2022-12-31	HK$1.07 B	-18.83%
2021-12-31	HK$1.32 B	-14.7%
2020-12-31	HK$1.55 B	14.97%
2019-12-31	HK$1.35 B	-1.93%
2018-12-31	HK$1.37 B	158.69%
2017-12-31	HK$0.53 B	-54.56%
2016-12-31	HK$1.17 B	104.75%
2015-12-31	HK$0.57 B	-24.82%
2014-12-31	HK$0.76 B	-21.74%
2013-12-31	HK$0.97 B	-3.01%
2012-12-31	HK$1.00 B	-0.45%
2011-12-31	HK$1.00 B	-1.4%
2010-12-31	HK$1.02 B	-24.36%
2009-12-31	HK$1.35 B	-22.84%
2008-12-31	HK$1.74 B	4.6%
2007-12-31	HK$1.67 B	12.74%
2006-12-31	HK$1.48 B	-30.64%
2005-12-31	HK$2.13 B	154.69%
2004-12-31	HK$0.83 B	4.63%
2003-12-31	HK$0.80 B	6.12%
2002-12-31	HK$0.75 B	-7.96%
2001-12-31	HK$0.82 B	-24.56%
2000-12-31	HK$1.08 B	-54.72%
1999-12-31	HK$2.40 B	72.16%
1998-12-31	HK$1.39 B	-5.67%
1997-12-31	HK$1.48 B	6.66%
1996-12-31	HK$1.38 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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