MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : $11.86 Million USD

According to MAG Interactive's latest financial reports the company has $11.86 Million USD 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	$11.3 M	-4.27%
2022-08-31	$11.8 M	6.59%
2021-08-31	$11.07 M	-40.6%
2020-08-31	$18.64 M	-1.12%
2019-08-31	$18.85 M	-24.62%
2018-08-31	$25.01 M	234.66%
2017-08-31	$7.47 M	-6.7%
2016-08-31	$8.01 M	34.43%
2015-08-31	$5.95 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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MAG Interactive (MAGI.ST) - Cash on Hand