MEG Energy (MEG.TO) - Cash on Hand

Cash on Hand as of September 2024 : A$0.17 Billion

According to MEG Energy's latest financial reports the company has A$0.17 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.

MEG Energy - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.17 B	-14.84%
2022-12-31	A$0.20 B	-46.78%
2021-12-31	A$0.39 B	236.03%
2020-12-31	A$0.11 B	-48.39%
2019-12-31	A$0.22 B	-32.02%
2018-12-31	A$0.33 B	-29.83%
2017-12-31	A$0.47 B	192.81%
2016-12-31	A$0.16 B	-60.07%
2015-12-31	A$0.40 B	-41.53%
2014-12-31	A$0.69 B	-44.37%
2013-12-31	A$1.24 B	-36.09%
2012-12-31	A$1.94 B	23.04%
2011-12-31	A$1.57 B	14.97%
2010-12-31	A$1.37 B	34.1%
2009-12-31	A$1.02 B	264.37%
2008-12-31	A$0.28 B

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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