Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : ₹24.37 Billion

According to Magellan Financial Group's latest financial reports the company has ₹24.37 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	₹22.79 B	93.03%
2021-06-30	₹11.80 B	-48.11%
2020-06-30	₹22.75 B	137.14%
2019-06-30	₹9.59 B	12.08%
2018-06-30	₹8.56 B	17.6%
2017-06-30	₹7.28 B	20.13%
2016-06-30	₹6.06 B	31.97%
2015-06-30	₹4.59 B	-1.97%
2014-06-30	₹4.68 B	126.29%
2013-06-30	₹2.07 B	3362.64%
2012-06-30	₹59.79 M	-23.12%
2011-06-30	₹77.77 M	-11.18%
2010-06-30	₹87.56 M	-94.27%
2009-06-30	₹1.52 B	-30.3%
2008-06-30	₹2.19 B	-15.48%
2007-06-30	₹2.59 B	4551.21%
2006-06-30	₹55.72 M	-93.54%
2005-06-30	₹0.86 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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Magellan Financial Group (MFG.AX) - Cash on Hand