Mercia Asset Management (MERC.L)

Cash on Hand as of March 2024 : S$79.6 Million

According to Mercia Asset Management's latest financial reports the company has S$79.6 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.

Mercia Asset Management - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	S$79.95 M	28.48%
2023-03-31	S$62.23 M	-42.85%
2022-03-31	S$0.10 B	7.47%
2021-03-31	S$0.10 B	90.59%
2020-03-31	S$53.17 M	1.03%
2019-03-31	S$52.62 M	-45.84%
2018-03-31	S$97.17 M	-12.68%
2017-03-31	S$0.11 B	85.25%
2016-03-31	S$60.07 M	-45.02%
2015-03-31	S$0.10 B	135122.66%
2014-03-31	S$0.08 M	-20.76%
2013-03-31	S$0.1 M	-58.29%
2012-03-31	S$0.24 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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Mercia Asset Management (MERC.L) - Cash on Hand