Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : NZ$9.95 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has NZ$9.95 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$18.00 B	3.92%
2022-12-31	NZ$17.32 B	-2.77%
2021-12-31	NZ$17.82 B	40.36%
2020-12-31	NZ$12.69 B	-5.61%
2019-12-31	NZ$13.45 B	21.48%
2018-12-31	NZ$11.07 B	7.62%
2017-12-31	NZ$10.28 B	25.58%
2016-12-31	NZ$8.19 B	3.28%
2015-12-31	NZ$7.93 B	66.67%
2014-12-31	NZ$4.75 B	-10.07%
2013-12-31	NZ$5.29 B	38.48%
2012-12-31	NZ$3.82 B	33.65%
2011-12-31	NZ$2.85 B	-89.48%
2010-12-31	NZ$27.18 B	528434.95%
2009-12-31	NZ$5.14 M	-99.98%
2008-12-31	NZ$23.63 B	2353.35%
2007-12-31	NZ$0.96 B	-45.62%
2006-12-31	NZ$1.77 B	-87.13%
2005-12-31	NZ$13.76 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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand