MAG Interactive (MAGI.ST)

Cash on Hand as of May 2024 : £8.39 Million

According to MAG Interactive's latest financial reports the company has £8.39 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	£8.88 M	-12.19%
2022-08-31	£10.12 M	25.79%
2021-08-31	£8.04 M	-42.34%
2020-08-31	£13.95 M	-10%
2019-08-31	£15.5 M	-19.33%
2018-08-31	£19.22 M	232.33%
2017-08-31	£5.78 M	-5.48%
2016-08-31	£6.12 M	58.32%
2015-08-31	£3.86 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