Magnit (MGNT.ME) - Cash on Hand

Cash on Hand as of June 2023 : $3.44 Billion USD

According to Magnit 's latest financial reports the company has $3.44 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.

Magnit - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$4.27 B	333.8%
2021-12-31	$0.98 B	63.02%
2020-12-31	$0.60 B	295.93%
2019-12-31	$0.15 B	-40.06%
2018-12-31	$0.25 B	-20.96%
2017-12-31	$0.32 B	25.43%
2016-12-31	$0.25 B	115.93%
2015-12-31	$0.11 B	-62.53%
2014-12-31	$0.31 B	74.06%
2013-12-31	$0.18 B	-55.44%
2012-12-31	$0.40 B	78.66%
2011-12-31	$0.22 B	41.6%
2010-12-31	$0.16 B	-57.37%
2009-12-31	$0.37 B	218.89%
2008-12-31	$0.11 B	-11.06%
2007-12-31	$0.13 B	45.37%
2006-12-31	$92.01 M	101.97%
2005-12-31	$45.55 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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