MAG Interactive (MAGI.ST)

Cash on Hand as of May 2024 : NZ$17.64 M

According to MAG Interactive's latest financial reports the company has NZ$17.64 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	NZ$18.99 M	-1.41%
2022-08-31	NZ$19.26 M	22.54%
2021-08-31	NZ$15.72 M	-43.11%
2020-08-31	NZ$27.63 M	-7.49%
2019-08-31	NZ$29.86 M	-21.03%
2018-08-31	NZ$37.82 M	262.66%
2017-08-31	NZ$10.42 M	-6.12%
2016-08-31	NZ$11.1 M	20.48%
2015-08-31	NZ$9.22 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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MAG Interactive (MAGI.ST) - Cash on Hand