Marks Electrical Group (MRK.L)

Cash on Hand as of March 2024 : ₹0.84 Billion

According to Marks Electrical Group's latest financial reports the company has ₹0.84 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.

Marks Electrical Group - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	₹0.82 B	-18.85%
2023-03-31	₹1.01 B	162.89%
2022-03-31	₹0.38 B	155.92%
2021-03-31	₹0.15 B	802.75%
2020-03-31	₹16.69 M	-72.49%
2019-03-31	₹60.68 M

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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Marks Electrical Group (MRK.L) - Cash on Hand