Mitsubishi Electric (6503.T) - Cash on Hand

Cash on Hand as of March 2024 : $5.40 Billion USD

According to Mitsubishi Electric's latest financial reports the company has $5.40 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.

Mitsubishi Electric - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$5.30 B	-17.97%
2022-03-31	$6.46 B	-12.88%
2021-03-31	$7.42 B	34.98%
2020-03-31	$5.50 B	8.46%
2019-03-31	$5.07 B	-16.63%
2018-03-31	$6.08 B	-3.17%
2017-03-31	$6.28 B	22.96%
2016-03-31	$5.10 B	7.87%
2015-03-31	$4.73 B	16.57%
2014-03-31	$4.06 B	27.84%
2013-03-31	$3.17 B	-33.34%
2012-03-31	$4.76 B	-17.75%
2011-03-31	$5.79 B	35.33%
2010-03-31	$4.28 B	14.01%
2009-03-31	$3.75 B	9.13%
2008-03-31	$3.44 B	12.98%
2007-03-31	$3.04 B	14.85%
2006-03-31	$2.65 B	5.19%
2005-03-31	$2.52 B	-27.55%
2004-03-31	$3.48 B	6.41%
2003-03-31	$3.27 B	-6.94%
2002-03-31	$3.51 B	7.96%
2001-03-31	$3.25 B	-13.43%
2000-03-31	$3.76 B	-5.16%
1999-03-31	$3.96 B	-17.84%
1998-03-31	$4.82 B	-6.46%
1997-03-31	$5.16 B

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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