Meridian Energy (MEZ.AX)

Cash on Hand as of June 2024 : ₹11.50 Billion

According to Meridian Energy's latest financial reports the company has ₹11.50 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.

Meridian Energy - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	₹10.55 B	-40.79%
2022-06-30	₹17.82 B	131.99%
2021-06-30	₹7.68 B	-10.26%
2020-06-30	₹8.56 B	136.87%
2019-06-30	₹3.61 B	29.99%
2018-06-30	₹2.78 B	-26.59%
2017-06-30	₹3.78 B	-33.15%
2016-06-30	₹5.66 B	88.46%
2015-06-30	₹3.00 B	-79.35%
2014-06-30	₹14.56 B	-17.48%
2013-06-30	₹17.64 B	84.75%
2012-06-30	₹9.55 B	-29.85%
2011-06-30	₹13.61 B	686.98%
2010-06-30	₹1.73 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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Meridian Energy (MEZ.AX) - Cash on Hand