Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : NZ$0.10 Billion

According to Mercia Asset Management's latest financial reports the company has NZ$0.10 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	NZ$99.32 M	32.88%
2023-03-31	NZ$74.74 M	-35.29%
2022-03-31	NZ$0.11 B	7.37%
2021-03-31	NZ$0.10 B	73.13%
2020-03-31	NZ$62.14 M	8.85%
2019-03-31	NZ$57.08 M	-44.26%
2018-03-31	NZ$0.10 B	-9.94%
2017-03-31	NZ$0.11 B	76.57%
2016-03-31	NZ$64.4 M	-39.17%
2015-03-31	NZ$0.10 B	142947.78%
2014-03-31	NZ$0.07 M	-24.61%
2013-03-31	NZ$0.09 M	-58.57%
2012-03-31	NZ$0.23 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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Mercia Asset Management (MERC.L) - Cash on Hand