Magazine Luíza (MGLU3.SA)

Cash on Hand as of September 2024 : $0.33 Billion USD

According to Magazine Luíza 's latest financial reports the company has $0.33 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$0.51 B	-30.36%
2021-12-31	$0.74 B	32.33%
2020-12-31	$0.55 B	-52.76%
2019-12-31	$1.18 B	354.91%
2018-12-31	$0.26 B	-48.53%
2017-12-31	$0.50 B	15.98%
2016-12-31	$0.43 B	54.68%
2015-12-31	$0.28 B	-13.34%
2014-12-31	$0.32 B	-0.56%
2013-12-31	$0.32 B	22.66%
2012-12-31	$0.26 B	153.13%
2011-12-31	$0.10 B	-53.39%
2010-12-31	$0.22 B	70.08%
2009-12-31	$0.13 B	257.82%
2008-12-31	$37.13 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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Magazine Luíza (MGLU3.SA) - Cash on Hand