Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : A$0.44 Billion

According to Magellan Financial Group's latest financial reports the company has A$0.44 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	A$0.41 B	98.47%
2021-06-30	A$0.21 B	-51.64%
2020-06-30	A$0.43 B	120.76%
2019-06-30	A$0.19 B	17.21%
2018-06-30	A$0.16 B	15.63%
2017-06-30	A$0.14 B	21.5%
2016-06-30	A$0.12 B	28.13%
2015-06-30	A$93.93 M	13.35%
2014-06-30	A$82.86 M	117.52%
2013-06-30	A$38.09 M	3521.29%
2012-06-30	A$1.05 M	-35.26%
2011-06-30	A$1.62 M	-27.55%
2010-06-30	A$2.24 M	-94.34%
2009-06-30	A$39.62 M	-25.75%
2008-06-30	A$53.36 M	-28.28%
2007-06-30	A$74.4 M	4442.61%
2006-06-30	A$1.63 M	-94.25%
2005-06-30	A$28.5 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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Magellan Financial Group (MFG.AX) - Cash on Hand