Meridian Energy (MEZ.AX)

Cash on Hand as of June 2024 : NZ$0.23 Billion

According to Meridian Energy's latest financial reports the company has NZ$0.23 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.

Meridian Energy - Cash on Hand chart (from 2014 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$0.21 B	-41.6%
2022-06-30	NZ$0.36 B	145.27%
2021-06-30	NZ$0.14 B	-15.91%
2020-06-30	NZ$0.17 B	125.64%
2019-06-30	NZ$78 M	30%
2018-06-30	NZ$60 M	-25%
2017-06-30	NZ$80 M	-32.2%
2016-06-30	NZ$0.11 B	71.01%
2015-06-30	NZ$69 M	-75.04%
2014-06-30	NZ$0.27 B	-27.8%
2013-06-30	NZ$0.38 B	78.53%
2012-06-30	NZ$0.21 B	-41.76%
2011-06-30	NZ$0.36 B	576.9%
2010-06-30	NZ$54.39 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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Meridian Energy (MEZ.AX) - Cash on Hand