Magazine Luíza (MGLU3.SA)

Cash on Hand as of December 2024 : ₹29.95 Billion

According to Magazine Luíza 's latest financial reports the company has ₹29.95 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
2024-12-31	₹30.06 B	-48.06%
2023-12-31	₹57.88 B	35.7%
2022-12-31	₹42.65 B	-22.57%
2021-12-31	₹55.08 B	34.68%
2020-12-31	₹40.90 B	-51.55%
2019-12-31	₹84.41 B	363.94%
2018-12-31	₹18.19 B	-43.63%
2017-12-31	₹32.28 B	8.98%
2016-12-31	₹29.62 B	58.17%
2015-12-31	₹18.72 B	-8.69%
2014-12-31	₹20.51 B	2.56%
2013-12-31	₹19.99 B	38.83%
2012-12-31	₹14.40 B	158.53%
2011-12-31	₹5.57 B	-44.98%
2010-12-31	₹10.12 B	64.25%
2009-12-31	₹6.16 B	245.43%
2008-12-31	₹1.78 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