Magazine Luíza (MGLU3.SA)

Cash on Hand as of September 2024 : HK$2.58 Billion

According to Magazine Luíza 's latest financial reports the company has HK$2.58 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.

Magazine Luíza - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$4.02 B	-30.22%
2021-12-31	HK$5.77 B	33.11%
2020-12-31	HK$4.33 B	-52.97%
2019-12-31	HK$9.21 B	352.42%
2018-12-31	HK$2.03 B	-48.41%
2017-12-31	HK$3.95 B	16.85%
2016-12-31	HK$3.38 B	54.75%
2015-12-31	HK$2.18 B	-13.41%
2014-12-31	HK$2.52 B	-0.53%
2013-12-31	HK$2.53 B	22.71%
2012-12-31	HK$2.06 B	152.61%
2011-12-31	HK$0.81 B	-53.48%
2010-12-31	HK$1.75 B	70.7%
2009-12-31	HK$1.03 B	259.03%
2008-12-31	HK$0.28 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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Magazine Luíza (MGLU3.SA) - Cash on Hand