MAG Interactive (MAGI.ST)

Cash on Hand as of May 2024 : HK$84.8 Million

According to MAG Interactive's latest financial reports the company has HK$84.8 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	HK$88.66 M	-4.3%
2022-08-31	HK$92.65 M	7.43%
2021-08-31	HK$86.23 M	-40.32%
2020-08-31	HK$0.14 B	-2.3%
2019-08-31	HK$0.14 B	-24.67%
2018-08-31	HK$0.19 B	235.7%
2017-08-31	HK$58.48 M	-5.9%
2016-08-31	HK$62.15 M	34.57%
2015-08-31	HK$46.18 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