Marks Electrical Group (MRK.L)

Cash on Hand as of March 2024 : NZ$17.26 Million

According to Marks Electrical Group's latest financial reports the company has NZ$17.26 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	NZ$16.54 M	-16.05%
2023-03-31	NZ$19.7 M	169.95%
2022-03-31	NZ$7.29 M	148.65%
2021-03-31	NZ$2.93 M	696.54%
2020-03-31	NZ$0.36 M	-71.32%
2019-03-31	NZ$1.28 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