Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.53 Billion

According to Mount Gibson Iron's latest financial reports the company has NZ$0.53 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$0.17 B	27.68%
2022-06-30	NZ$0.13 B	-63.28%
2021-06-30	NZ$0.37 B	-16.48%
2020-06-30	NZ$0.45 B	12.65%
2019-06-30	NZ$0.40 B	105.82%
2018-06-30	NZ$0.19 B	4.12%
2017-06-30	NZ$0.18 B	183.35%
2016-06-30	NZ$66.15 M	-35.21%
2015-06-30	NZ$0.10 B	35.01%
2014-06-30	NZ$75.62 M	3.3%
2013-06-30	NZ$73.2 M	41%
2012-06-30	NZ$51.91 M	-65.72%
2011-06-30	NZ$0.15 B	-50.13%
2010-06-30	NZ$0.30 B	9.48%
2009-06-30	NZ$0.27 B	353.32%
2008-06-30	NZ$61.18 M	-8.64%
2007-06-30	NZ$66.96 M	1109.27%
2006-06-30	NZ$5.53 M	-86.3%
2005-06-30	NZ$40.41 M	908.97%
2004-06-30	NZ$4 M	-53.77%
2003-06-30	NZ$8.66 M	117.09%
2002-06-30	NZ$3.99 M	151.65%
2001-06-30	NZ$1.58 M
1998-06-30	NZ$0.24 M	-3.84%
1997-06-30	NZ$0.25 M	126.95%
1996-06-30	NZ$0.11 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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