Marks Electrical Group (MRK.L)

Cash on Hand as of March 2024 : HK$76.6 Million

According to Marks Electrical Group's latest financial reports the company has HK$76.6 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.

Marks Electrical Group - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	HK$77.24 M	-20.33%
2023-03-31	HK$96.96 M	143.51%
2022-03-31	HK$39.81 M	149.53%
2021-03-31	HK$15.95 M	829.31%
2020-03-31	HK$1.71 M	-74.97%
2019-03-31	HK$6.86 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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Marks Electrical Group (MRK.L) - Cash on Hand