M&G plc (MNG.L) - Cash on Hand

Cash on Hand as of December 2023 : $7.12 Billion USD

According to M&G plc's latest financial reports the company has $7.12 Billion USD 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.

M&G plc - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$5.90 B	-36.63%
2021-12-31	$9.32 B	0.96%
2020-12-31	$9.23 B	16.5%
2019-12-31	$7.92 B	-4.83%
2018-12-31	$8.33 B	-16.15%
2017-12-31	$9.93 B	59.25%
2016-12-31	$6.23 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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