Megaport Limited (MP1.AX)

Cash on Hand as of June 2024 : $48.48 M

According to Megaport Limited's latest financial reports the company has $48.48 M 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.

Megaport Limited - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$32.29 M	-43.42%
2022-06-30	$57.07 M	-44.17%
2021-06-30	$0.10 B	-11.1%
2020-06-30	$0.11 B	118.71%
2019-06-30	$52.57 M	25.52%
2018-06-30	$41.88 M	153.44%
2017-06-30	$16.52 M	84.18%
2016-06-30	$8.97 M
2015-07-31	$24.37 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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Megaport Limited (MP1.AX) - Cash on Hand