MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : A$18.35 Million

According to MAG Interactive's latest financial reports the company has A$18.35 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	A$17.44 M	1.33%
2022-08-31	A$17.21 M	13.33%
2021-08-31	A$15.18 M	-39.93%
2020-08-31	A$25.28 M	-9.64%
2019-08-31	A$27.98 M	-18.76%
2018-08-31	A$34.44 M	264.4%
2017-08-31	A$9.45 M	-11.22%
2016-08-31	A$10.64 M	27.57%
2015-08-31	A$8.34 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