Mitsubishi Electric (6503.T) - Cash on Hand

Cash on Hand as of March 2024 : NZ$9.20 Billion

According to Mitsubishi Electric's latest financial reports the company has NZ$9.20 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.

Mitsubishi Electric - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	NZ$8.46 B	-8.8%
2022-03-31	NZ$9.27 B	-12.61%
2021-03-31	NZ$10.61 B	16.01%
2020-03-31	NZ$9.15 B	22.75%
2019-03-31	NZ$7.45 B	-11.26%
2018-03-31	NZ$8.40 B	-6.33%
2017-03-31	NZ$8.97 B	21.19%
2016-03-31	NZ$7.40 B	17.21%
2015-03-31	NZ$6.31 B	34.73%
2014-03-31	NZ$4.68 B	23.46%
2013-03-31	NZ$3.79 B	-34.64%
2012-03-31	NZ$5.80 B	-23.64%
2011-03-31	NZ$7.60 B	25.55%
2010-03-31	NZ$6.05 B	-9.66%
2009-03-31	NZ$6.70 B	52.91%
2008-03-31	NZ$4.38 B	2.99%
2007-03-31	NZ$4.25 B	-1.47%
2006-03-31	NZ$4.32 B	22.09%
2005-03-31	NZ$3.54 B	-32.2%
2004-03-31	NZ$5.22 B	-11.62%
2003-03-31	NZ$5.90 B	-25.93%
2002-03-31	NZ$7.97 B	-2.72%
2001-03-31	NZ$8.20 B	7.86%
2000-03-31	NZ$7.60 B	2.55%
1999-03-31	NZ$7.41 B	-15.17%
1998-03-31	NZ$8.73 B	17.64%
1997-03-31	NZ$7.42 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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