Mullen Automotive (MULN)

Cash on Hand as of June 2024 : HK$27.62 Million

According to Mullen Automotive's latest financial reports the company has HK$27.62 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.

Mullen Automotive - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	HK$1.21 B	186.4%
2022-09-30	HK$0.42 B	129210.14%
2021-09-30	HK$0.32 M	26.96%
2020-09-30	HK$0.25 M	-98.52%
2019-09-30	HK$17.41 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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Mullen Automotive (MULN) - Cash on Hand