M&G plc (MNG.L) - Cash on Hand

Cash on Hand as of December 2023 : NZ$12.59 Billion

According to M&G plc's latest financial reports the company has NZ$12.59 Billion 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.

M&G plc - Cash on Hand chart (from 2018 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$9.30 B	-31.83%
2021-12-31	NZ$13.65 B	6.65%
2020-12-31	NZ$12.80 B	8.74%
2019-12-31	NZ$11.77 B	-5.22%
2018-12-31	NZ$12.41 B	-11.22%
2017-12-31	NZ$13.98 B	55.32%
2016-12-31	NZ$9.00 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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