Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2024 : $0.30 Billion USD

According to Mount Gibson Iron's latest financial reports the company has $0.30 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$0.10 B	24.44%
2022-06-30	$86.4 M	-67.29%
2021-06-30	$0.26 B	-9.17%
2020-06-30	$0.29 B	7.71%
2019-06-30	$0.27 B	104.3%
2018-06-30	$0.13 B	-3.53%
2017-06-30	$0.13 B	190.74%
2016-06-30	$47.12 M	-32.51%
2015-06-30	$69.82 M	5.22%
2014-06-30	$66.36 M	17.08%
2013-06-30	$56.68 M	36.05%
2012-06-30	$41.66 M	-66.7%
2011-06-30	$0.12 B	-39.89%
2010-06-30	$0.20 B	16.21%
2009-06-30	$0.17 B	284.23%
2008-06-30	$46.61 M	-9.45%
2007-06-30	$51.48 M	1423.93%
2006-06-30	$3.37 M	-88.01%
2005-06-30	$28.16 M	1008.54%
2004-06-30	$2.54 M	-49.63%
2003-06-30	$5.04 M	160.06%
2002-06-30	$1.93 M	200.83%
2001-06-30	$0.64 M
1998-06-30	$0.12 M	-26.35%
1997-06-30	$0.17 M	125.09%
1996-06-30	$0.07 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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