Mahanagar Gas (MGL.NS) - Cash on Hand

Cash on Hand as of March 2024 : $0.18 B

According to Mahanagar Gas's latest financial reports the company has $0.18 B 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.

Mahanagar Gas - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$0.18 B	-8.58%
2022-03-31	$0.20 B	-3%
2021-03-31	$0.21 B	20.52%
2020-03-31	$0.17 B	29.03%
2019-03-31	$0.13 B	13.33%
2018-03-31	$0.11 B	28.79%
2017-03-31	$92.8 M	8.31%
2016-03-31	$85.68 M	5.46%
2015-03-31	$81.24 M	13.19%
2014-03-31	$71.78 M	6.08%
2013-03-31	$67.66 M	21.07%
2012-03-31	$55.88 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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