Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of September 2024 : C$8.38 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has C$8.38 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$15.10 B	1.18%
2022-12-31	C$14.93 B	-3.77%
2021-12-31	C$15.51 B	32.8%
2020-12-31	C$11.68 B	-1.27%
2019-12-31	C$11.83 B	16.94%
2018-12-31	C$10.11 B	10.13%
2017-12-31	C$9.18 B	20.46%
2016-12-31	C$7.62 B	1.26%
2015-12-31	C$7.53 B	74.04%
2014-12-31	C$4.32 B	-6.52%
2013-12-31	C$4.62 B	48.08%
2012-12-31	C$3.12 B	37.72%
2011-12-31	C$2.27 B	-89.17%
2010-12-31	C$20.96 B	533235.51%
2009-12-31	C$3.93 M	-99.98%
2008-12-31	C$16.67 B	2165.38%
2007-12-31	C$0.73 B	-49.34%
2006-12-31	C$1.45 B	-86.73%
2005-12-31	C$10.95 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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand