Magazine Luíza (MGLU3.SA)

Cash on Hand as of December 2024 : A$0.58 Billion

According to Magazine Luíza 's latest financial reports the company has A$0.58 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	A$0.56 B	-44.79%
2023-12-31	A$1.02 B	34.73%
2022-12-31	A$0.75 B	-25.81%
2021-12-31	A$1.02 B	40.35%
2020-12-31	A$0.72 B	-56.98%
2019-12-31	A$1.69 B	357.72%
2018-12-31	A$0.36 B	-42.96%
2017-12-31	A$0.64 B	7.09%
2016-12-31	A$0.60 B	56.32%
2015-12-31	A$0.38 B	-2.17%
2014-12-31	A$0.39 B	8.96%
2013-12-31	A$0.36 B	43.35%
2012-12-31	A$0.25 B	146.45%
2011-12-31	A$0.10 B	-53.83%
2010-12-31	A$0.22 B	50.41%
2009-12-31	A$0.14 B	181.03%
2008-12-31	A$52.63 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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Magazine Luíza (MGLU3.SA) - Cash on Hand