Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : $5.83 Billion USD

According to Migdal Insurance and Financial Holdings's latest financial reports the company has $5.83 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$11.38 B	3.51%
2022-12-31	$11.00 B	-9.62%
2021-12-31	$12.17 B	32.87%
2020-12-31	$9.16 B	1.13%
2019-12-31	$9.05 B	21.97%
2018-12-31	$7.42 B	1.65%
2017-12-31	$7.30 B	28.76%
2016-12-31	$5.67 B	4.53%
2015-12-31	$5.42 B	45.59%
2014-12-31	$3.72 B	-14.25%
2013-12-31	$4.34 B	38.33%
2012-12-31	$3.14 B	40.88%
2011-12-31	$2.23 B	-89.36%
2010-12-31	$20.97 B	561300.18%
2009-12-31	$3.73 M	-99.97%
2008-12-31	$13.71 B	1758.66%
2007-12-31	$0.73 B	-40.87%
2006-12-31	$1.24 B	-86.73%
2005-12-31	$9.40 B

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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand