Max Financial Services (MFSL.NS)

Cash on Hand as of September 2024 : $54.88 Million USD

According to Max Financial Services 's latest financial reports the company has $54.88 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.

Max Financial Services - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$0.14 B	-56.75%
2022-03-31	$0.34 B	9.04%
2021-03-31	$0.31 B	35.98%
2020-03-31	$0.23 B	-9.5%
2019-03-31	$0.25 B	102.93%
2018-03-31	$0.12 B	128.43%
2017-03-31	$55.49 M	-86.56%
2016-03-31	$0.41 B	-18.47%
2015-03-31	$0.50 B	25.91%
2014-03-31	$0.40 B	-14.46%
2013-03-31	$0.47 B	-16.52%
2012-03-31	$0.56 B	-21.09%
2011-03-31	$0.71 B	1166.95%
2010-03-31	$56.33 M	25.28%
2009-03-31	$44.96 M	460.98%
2008-03-31	$8.01 M	-40.57%
2007-03-31	$13.48 M	65.15%
2006-03-31	$8.16 M	29.51%
2005-03-31	$6.3 M	12.49%
2004-03-31	$5.6 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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Max Financial Services (MFSL.NS) - Cash on Hand