MAG Interactive (MAGI.ST)

Cash on Hand as of August 2024 : NZ$20.62 Million

According to MAG Interactive's latest financial reports the company has NZ$20.62 Million 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.

MAG Interactive - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-08-31	NZ$18.98 M	-1.39%
2022-08-31	NZ$19.24 M	21.64%
2021-08-31	NZ$15.82 M	-42.75%
2020-08-31	NZ$27.63 M	-7.46%
2019-08-31	NZ$29.86 M	-20.61%
2018-08-31	NZ$37.62 M	262.6%
2017-08-31	NZ$10.37 M	-6.22%
2016-08-31	NZ$11.06 M	19.98%
2015-08-31	NZ$9.22 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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MAG Interactive (MAGI.ST) - Cash on Hand