MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : ₹1.01 Billion

According to MAG Interactive's latest financial reports the company has ₹1.01 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	₹0.93 B	-0.64%
2022-08-31	₹0.94 B	15.69%
2021-08-31	₹0.81 B	-40.37%
2020-08-31	₹1.36 B	0.79%
2019-08-31	₹1.35 B	-24.26%
2018-08-31	₹1.78 B	273.51%
2017-08-31	₹0.47 B	-11.08%
2016-08-31	₹0.53 B	36.42%
2015-08-31	₹0.39 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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MAG Interactive (MAGI.ST) - Cash on Hand