MPC Container Ships (MPCC.OL)

Cash on Hand as of June 2024 : A$0.25 Billion

According to MPC Container Ships's latest financial reports the company has A$0.25 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.

MPC Container Ships - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.14 B	-34.53%
2021-12-31	A$0.21 B	499.89%
2020-12-31	A$36.04 M	-5.71%
2019-12-31	A$38.22 M	-38.91%
2018-12-31	A$62.58 M	-59%
2017-12-31	A$0.15 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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MPC Container Ships (MPCC.OL) - Cash on Hand