Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : $59.26 Million USD

According to Mercia Asset Management's latest financial reports the company has $59.26 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	$59.26 M	26.46%
2023-03-31	$46.86 M	-41.8%
2022-03-31	$80.52 M	7.03%
2021-03-31	$75.22 M	101.44%
2020-03-31	$37.34 M	-3.83%
2019-03-31	$38.83 M	-47.64%
2018-03-31	$74.15 M	-6.9%
2017-03-31	$79.64 M	79.14%
2016-03-31	$44.46 M	-44.02%
2015-03-31	$79.42 M	123675.87%
2014-03-31	$0.06 M	-21.94%
2013-03-31	$0.08 M	-57.75%
2012-03-31	$0.19 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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Mercia Asset Management (MERC.L) - Cash on Hand