Fortescue (FMG.AX) - Cash on Hand

Cash on Hand as of June 2024 : C$7.04 Billion

According to Fortescue's latest financial reports the company has C$7.04 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.

Fortescue - Cash on Hand chart (from 2022 to 2021)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$5.68 B	-15.6%
2022-06-30	C$6.73 B	4.27%
2021-06-30	C$6.45 B	41.66%
2020-06-30	C$4.55 B	163.79%
2019-06-30	C$1.72 B	105.6%
2018-06-30	C$0.84 B	-54.22%
2017-06-30	C$1.83 B	19.99%
2016-06-30	C$1.52 B	-32.55%
2015-06-30	C$2.26 B	-5.85%
2014-06-30	C$2.40 B	16.08%
2013-06-30	C$2.07 B	-15.08%
2012-06-30	C$2.44 B	-11.29%
2011-06-30	C$2.75 B	149.34%
2010-06-30	C$1.10 B	80.02%
2009-06-30	C$0.61 B	241.59%
2008-06-30	C$0.17 B	-85.97%
2007-06-30	C$1.28 B	8316.78%
2006-06-30	C$15.21 M	-73.69%
2005-06-30	C$57.83 M	1584.46%
2004-06-30	C$3.43 M	213.29%
2003-06-30	C$1.09 M	69.66%
2002-06-30	C$0.64 M	137.95%
2001-06-30	C$0.27 M	-29.01%
2000-06-30	C$0.38 M	-17.33%
1999-06-30	C$0.46 M	-48.65%
1998-06-30	C$0.9 M	-62.17%
1997-06-30	C$2.38 M	214.48%
1996-06-30	C$0.75 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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