Migdal Insurance and Financial Holdings (MGDL.TA)

Cash on Hand as of June 2024 : HK$45.43 Billion

According to Migdal Insurance and Financial Holdings's latest financial reports the company has HK$45.43 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.

Migdal Insurance and Financial Holdings - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$88.94 B	3.47%
2022-12-31	HK$85.96 B	-9.44%
2021-12-31	HK$94.92 B	33.65%
2020-12-31	HK$71.02 B	0.66%
2019-12-31	HK$70.55 B	21.3%
2018-12-31	HK$58.16 B	1.88%
2017-12-31	HK$57.09 B	29.73%
2016-12-31	HK$44.01 B	4.58%
2015-12-31	HK$42.08 B	45.48%
2014-12-31	HK$28.92 B	-14.23%
2013-12-31	HK$33.72 B	38.38%
2012-12-31	HK$24.37 B	40.59%
2011-12-31	HK$17.33 B	-89.38%
2010-12-31	HK$163.21 B	563363.7%
2009-12-31	HK$28.96 M	-99.97%
2008-12-31	HK$106.00 B	1742.09%
2007-12-31	HK$5.75 B	-40.72%
2006-12-31	HK$9.70 B	-86.69%
2005-12-31	HK$72.94 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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Migdal Insurance and Financial Holdings (MGDL.TA) - Cash on Hand