MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : S$16 Million

According to MAG Interactive's latest financial reports the company has S$16 Million 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	S$15.25 M	-7.55%
2022-08-31	S$16.49 M	10.73%
2021-08-31	S$14.89 M	-41.13%
2020-08-31	S$25.3 M	-3.26%
2019-08-31	S$26.16 M	-23.49%
2018-08-31	S$34.19 M	237%
2017-08-31	S$10.14 M	-7.1%
2016-08-31	S$10.92 M	30.06%
2015-08-31	S$8.39 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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MAG Interactive (MAGI.ST) - Cash on Hand