Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : A$9.04 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has A$9.04 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$16.71 B	3.39%
2022-12-31	A$16.16 B	-3.71%
2021-12-31	A$16.79 B	40.92%
2020-12-31	A$11.91 B	-7.92%
2019-12-31	A$12.94 B	22.73%
2018-12-31	A$10.54 B	12.64%
2017-12-31	A$9.36 B	18.88%
2016-12-31	A$7.87 B	5.64%
2015-12-31	A$7.45 B	63.56%
2014-12-31	A$4.55 B	-6.54%
2013-12-31	A$4.87 B	61.16%
2012-12-31	A$3.02 B	39%
2011-12-31	A$2.17 B	-89.46%
2010-12-31	A$20.64 B	496380.09%
2009-12-31	A$4.15 M	-99.98%
2008-12-31	A$19.44 B	2203.26%
2007-12-31	A$0.84 B	-46.69%
2006-12-31	A$1.58 B	-87.68%
2005-12-31	A$12.85 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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand