Mount Gibson Iron (MGX.AX) - Cash on Hand

Cash on Hand as of June 2023 : HK$0.83 Billion

According to Mount Gibson Iron's latest financial reports the company has HK$0.83 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.

Mount Gibson Iron - Cash on Hand chart (from 1997 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$0.84 B	24.32%
2022-06-30	HK$0.67 B	-66.94%
2021-06-30	HK$2.05 B	-9.02%
2020-06-30	HK$2.25 B	6.84%
2019-06-30	HK$2.10 B	103.39%
2018-06-30	HK$1.03 B	-2.99%
2017-06-30	HK$1.06 B	192.44%
2016-06-30	HK$0.36 B	-32.45%
2015-06-30	HK$0.54 B	5.22%
2014-06-30	HK$0.51 B	16.99%
2013-06-30	HK$0.43 B	36.03%
2012-06-30	HK$0.32 B	-66.8%
2011-06-30	HK$0.97 B	-39.94%
2010-06-30	HK$1.62 B	16.78%
2009-06-30	HK$1.38 B	281.92%
2008-06-30	HK$0.36 B	-9.68%
2007-06-30	HK$0.40 B	1434.38%
2006-06-30	HK$26.22 M	-88.02%
2005-06-30	HK$0.21 B	1004.56%
2004-06-30	HK$19.81 M	-49.63%
2003-06-30	HK$39.33 M	159.99%
2002-06-30	HK$15.12 M	200.81%
2001-06-30	HK$5.02 M
1998-06-30	HK$0.99 M	-26.35%
1997-06-30	HK$1.34 M	125.29%
1996-06-30	HK$0.59 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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