M&G plc (MNG.L) - Cash on Hand

Cash on Hand as of December 2023 : ₹602.89 Billion

According to M&G plc's latest financial reports the company has ₹602.89 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.

M&G plc - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹488.94 B	-29.55%
2021-12-31	₹694.04 B	2.75%
2020-12-31	₹675.47 B	19.48%
2019-12-31	₹565.36 B	-2.94%
2018-12-31	₹582.50 B	-8.17%
2017-12-31	₹634.35 B	49.63%
2016-12-31	₹423.94 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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