Magazine Luíza (MGLU3.SA)

Cash on Hand as of June 2024 : NZ$0.58 Billion

According to Magazine Luíza 's latest financial reports the company has NZ$0.58 Billion 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.81 B	-25.08%
2021-12-31	NZ$1.08 B	39.79%
2020-12-31	NZ$0.77 B	-55.9%
2019-12-31	NZ$1.75 B	353.08%
2018-12-31	NZ$0.38 B	-45.5%
2017-12-31	NZ$0.71 B	13.12%
2016-12-31	NZ$0.62 B	52.83%
2015-12-31	NZ$0.41 B	-0.79%
2014-12-31	NZ$0.41 B	4.29%
2013-12-31	NZ$0.39 B	22.79%
2012-12-31	NZ$0.32 B	140.15%
2011-12-31	NZ$0.13 B	-53.93%
2010-12-31	NZ$0.29 B	60.12%
2009-12-31	NZ$0.18 B	185.89%
2008-12-31	NZ$63.98 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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Magazine Luíza (MGLU3.SA) - Cash on Hand