MEP Infrastructure (MEP.NS)

Cash on Hand as of March 2024 : NZ$52.61 Million

According to MEP Infrastructure 's latest financial reports the company has NZ$52.61 Million 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.

MEP Infrastructure - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$3.23 M	-64.19%
2022-03-31	NZ$9.02 M	-12.71%
2021-03-31	NZ$10.34 M	-50.71%
2020-03-31	NZ$20.98 M	-14.75%
2019-03-31	NZ$24.6 M	0.37%
2018-03-31	NZ$24.51 M	-23.72%
2017-03-31	NZ$32.13 M	-50.86%
2016-03-31	NZ$65.39 M	32.18%
2015-03-31	NZ$49.47 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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MEP Infrastructure (MEP.NS) - Cash on Hand