MAG Interactive (MAGI.ST)

Cash on Hand as of May 2025 : $9.78 Million USD

According to MAG Interactive's latest financial reports the company has $9.78 Million 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2025)

Cash on Hand by year

Year	Cash on Hand	Change
2024-08-31	$11.86 M	6.07%
2023-08-31	$11.18 M	-5.2%
2022-08-31	$11.79 M	6.43%
2021-08-31	$11.08 M	-40.33%
2020-08-31	$18.57 M	-1.48%
2019-08-31	$18.85 M	-24.39%
2018-08-31	$24.93 M	232.24%
2017-08-31	$7.5 M	-6.02%
2016-08-31	$7.98 M	34.26%
2015-08-31	$5.94 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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MAG Interactive (MAGI.ST) - Cash on Hand