Marks Electrical Group (MRK.L)

Cash on Hand as of March 2024 : $9.86 Million USD

According to Marks Electrical Group's latest financial reports the company has $9.86 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.

Marks Electrical Group - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	$9.86 M	-20.1%
2023-03-31	$12.35 M	142.81%
2022-03-31	$5.08 M	147.88%
2021-03-31	$2.05 M	826.78%
2020-03-31	$0.22 M	-74.66%
2019-03-31	$0.87 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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Marks Electrical Group (MRK.L) - Cash on Hand