MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : C$16.71 Million

According to MAG Interactive's latest financial reports the company has C$16.71 Million 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	C$15.29 M	-1.01%
2022-08-31	C$15.45 M	10.65%
2021-08-31	C$13.96 M	-42.74%
2020-08-31	C$24.38 M	-3.21%
2019-08-31	C$25.19 M	-22.43%
2018-08-31	C$32.48 M	244.16%
2017-08-31	C$9.43 M	-9.98%
2016-08-31	C$10.48 M	32.89%
2015-08-31	C$7.88 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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MAG Interactive (MAGI.ST) - Cash on Hand