Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : C$0.40 Billion

According to Magellan Financial Group's latest financial reports the company has C$0.40 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	C$0.37 B	88.89%
2021-06-30	C$0.19 B	-52.01%
2020-06-30	C$0.41 B	124.74%
2019-06-30	C$0.18 B	11.06%
2018-06-30	C$0.16 B	12.66%
2017-06-30	C$0.14 B	25.57%
2016-06-30	C$0.11 B	30%
2015-06-30	C$89.45 M	7.48%
2014-06-30	C$83.23 M	127.5%
2013-06-30	C$36.58 M	3235.72%
2012-06-30	C$1.09 M	-34.75%
2011-06-30	C$1.68 M	-16.17%
2010-06-30	C$2 M	-94.6%
2009-06-30	C$37.12 M	-28.77%
2008-06-30	C$52.11 M	-23.13%
2007-06-30	C$67.78 M	4898.38%
2006-06-30	C$1.35 M	-94.42%
2005-06-30	C$24.32 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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Magellan Financial Group (MFG.AX) - Cash on Hand