Magnit (MGNT.ME) - Cash on Hand

Cash on Hand as of June 2023 : A$5.51 Billion

According to Magnit 's latest financial reports the company has A$5.51 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.

Magnit - Cash on Hand chart (from 2010 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$6.27 B	362.15%
2021-12-31	A$1.35 B	72.91%
2020-12-31	A$0.78 B	260.51%
2019-12-31	A$0.21 B	-39.69%
2018-12-31	A$0.36 B	-12.41%
2017-12-31	A$0.41 B	15.81%
2016-12-31	A$0.35 B	118.23%
2015-12-31	A$0.16 B	-57.91%
2014-12-31	A$0.38 B	89.7%
2013-12-31	A$0.20 B	-48.08%
2012-12-31	A$0.39 B	76.28%
2011-12-31	A$0.22 B	40.28%
2010-12-31	A$0.15 B	-62.3%
2009-12-31	A$0.42 B	150.45%
2008-12-31	A$0.16 B	10.22%
2007-12-31	A$0.15 B	31.08%
2006-12-31	A$0.11 B	87.46%
2005-12-31	A$62.26 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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