M&G plc (MNG.L) - Cash on Hand

Cash on Hand as of December 2023 : £5.65 Billion

According to M&G plc's latest financial reports the company has £5.65 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.

M&G plc - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£4.88 B	-29.3%
2021-12-31	£6.90 B	1.95%
2020-12-31	£6.77 B	12.07%
2019-12-31	£6.04 B	-7.88%
2018-12-31	£6.56 B	-10.72%
2017-12-31	£7.35 B	45.39%
2016-12-31	£5.05 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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