Magazine Luíza (MGLU3.SA)

Cash on Hand as of December 2024 : C$0.49 Billion

According to Magazine Luíza 's latest financial reports the company has C$0.49 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	C$0.50 B	-45.47%
2023-12-31	C$0.92 B	31.85%
2022-12-31	C$0.69 B	-25.85%
2021-12-31	C$0.94 B	32.27%
2020-12-31	C$0.71 B	-53.88%
2019-12-31	C$1.54 B	336.16%
2018-12-31	C$0.35 B	-44.23%
2017-12-31	C$0.63 B	8.51%
2016-12-31	C$0.58 B	49.84%
2015-12-31	C$0.39 B	4.09%
2014-12-31	C$0.37 B	8.99%
2013-12-31	C$0.34 B	31.72%
2012-12-31	C$0.26 B	144.18%
2011-12-31	C$0.10 B	-52.57%
2010-12-31	C$0.22 B	61.58%
2009-12-31	C$0.13 B	209.65%
2008-12-31	C$45.15 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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Magazine Luíza (MGLU3.SA) - Cash on Hand