Magnit (MGNT.ME) - Cash on Hand

Cash on Hand as of June 2023 : NZ$6.09 Billion

According to Magnit 's latest financial reports the company has NZ$6.09 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.

Magnit - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$6.72 B	366.69%
2021-12-31	NZ$1.44 B	72.21%
2020-12-31	NZ$0.83 B	269.56%
2019-12-31	NZ$0.22 B	-40.3%
2018-12-31	NZ$0.37 B	-16.32%
2017-12-31	NZ$0.45 B	22.34%
2016-12-31	NZ$0.37 B	113.35%
2015-12-31	NZ$0.17 B	-57.11%
2014-12-31	NZ$0.40 B	82.55%
2013-12-31	NZ$0.22 B	-55.39%
2012-12-31	NZ$0.49 B	69.5%
2011-12-31	NZ$0.29 B	39.97%
2010-12-31	NZ$0.20 B	-59.87%
2009-12-31	NZ$0.52 B	154.78%
2008-12-31	NZ$0.20 B	17.4%
2007-12-31	NZ$0.17 B	33.7%
2006-12-31	NZ$0.13 B	95.95%
2005-12-31	NZ$66.65 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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