Magellan Financial Group (MFG.AX)

Cash on Hand as of June 2022 : $0.28 Billion USD

According to Magellan Financial Group's latest financial reports the company has $0.28 Billion 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.

Magellan Financial Group - Cash on Hand chart (from 2005 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	$0.28 B	81.75%
2021-06-30	$0.15 B	-47.13%
2020-06-30	$0.30 B	116%
2019-06-30	$0.13 B	11.26%
2018-06-30	$0.12 B	11.31%
2017-06-30	$0.11 B	25%
2016-06-30	$89.9 M	24.75%
2015-06-30	$72.07 M	-7.64%
2014-06-30	$78.03 M	124.39%
2013-06-30	$34.77 M	3128.68%
2012-06-30	$1.07 M	-38.01%
2011-06-30	$1.73 M	-7.92%
2010-06-30	$1.88 M	-94.09%
2009-06-30	$31.94 M	-37.52%
2008-06-30	$51.12 M	-20.06%
2007-06-30	$63.95 M	5156.31%
2006-06-30	$1.21 M	-93.87%
2005-06-30	$19.86 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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Magellan Financial Group (MFG.AX) - Cash on Hand