Mahanagar Gas (MGL.NS) - Cash on Hand

Cash on Hand as of March 2024 : A$0.27 B

According to Mahanagar Gas's latest financial reports the company has A$0.27 B 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.

Mahanagar Gas - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	A$0.27 B	2.3%
2022-03-31	A$0.27 B	-1.41%
2021-03-31	A$0.27 B	-3.45%
2020-03-31	A$0.28 B	49.84%
2019-03-31	A$0.19 B	22.87%
2018-03-31	A$0.15 B	28.18%
2017-03-31	A$0.12 B	8.56%
2016-03-31	A$0.11 B	5.22%
2015-03-31	A$0.10 B	36.88%
2014-03-31	A$77.62 M	19.48%
2013-03-31	A$64.96 M	20.67%
2012-03-31	A$53.84 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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