Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : NZ$0.51 Billion

According to Magellan Financial Group's latest financial reports the company has NZ$0.51 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	NZ$0.46 B	104.07%
2021-06-30	NZ$0.22 B	-51.38%
2020-06-30	NZ$0.46 B	125.9%
2019-06-30	NZ$0.20 B	12.09%
2018-06-30	NZ$0.18 B	20.15%
2017-06-30	NZ$0.15 B	21.83%
2016-06-30	NZ$0.12 B	19.76%
2015-06-30	NZ$0.10 B	18.51%
2014-06-30	NZ$88.92 M	97.99%
2013-06-30	NZ$44.91 M	3246.06%
2012-06-30	NZ$1.34 M	-36.18%
2011-06-30	NZ$2.1 M	-23.6%
2010-06-30	NZ$2.75 M	-94.43%
2009-06-30	NZ$49.46 M	-26.28%
2008-06-30	NZ$67.09 M	-19.34%
2007-06-30	NZ$83.18 M	4070.98%
2006-06-30	NZ$1.99 M	-93%
2005-06-30	NZ$28.5 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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Magellan Financial Group (MFG.AX) - Cash on Hand