Meitetsu (9048.T) - Cash on Hand

Cash on Hand as of March 2024 : NZ$0.70 Billion

According to Meitetsu 's latest financial reports the company has NZ$0.70 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.

Meitetsu - Cash on Hand chart (from 2008 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$0.66 B	10.57%
2022-03-31	NZ$0.59 B	-14.51%
2021-03-31	NZ$0.70 B	64.15%
2020-03-31	NZ$0.42 B	54.35%
2019-03-31	NZ$0.27 B	-5.81%
2018-03-31	NZ$0.29 B	1.2%
2017-03-31	NZ$0.28 B	26.99%
2016-03-31	NZ$0.22 B	58.07%
2015-03-31	NZ$0.14 B	-10.48%
2014-03-31	NZ$0.16 B	22.25%
2013-03-31	NZ$0.13 B	-7.94%
2012-03-31	NZ$0.14 B	1.81%
2011-03-31	NZ$0.14 B	6.31%
2010-03-31	NZ$0.13 B	-10.09%
2009-03-31	NZ$0.14 B	17.3%
2008-03-31	NZ$0.12 B	-6.1%
2007-03-31	NZ$0.13 B	-34.28%
2006-03-31	NZ$0.20 B	-30.17%
2005-03-31	NZ$0.29 B

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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