Mahanagar Gas (MGL.NS) - Cash on Hand

Cash on Hand as of September 2024 : ₹17.33 Billion

According to Mahanagar Gas's latest financial reports the company has ₹17.33 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.

Mahanagar Gas - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	₹15.34 B	-1.06%
2022-03-31	₹15.51 B	0.65%
2021-03-31	₹15.40 B	16.87%
2020-03-31	₹13.18 B	40.18%
2019-03-31	₹9.40 B	20.86%
2018-03-31	₹7.78 B	29.29%
2017-03-31	₹6.01 B	6.08%
2016-03-31	₹5.67 B	11.74%
2015-03-31	₹5.07 B	18.12%
2014-03-31	₹4.29 B	17.03%
2013-03-31	₹3.67 B	29.26%
2012-03-31	₹2.84 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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