Mears Group plc (MER.L) - Cash on Hand

Cash on Hand as of December 2023 : NZ$0.32 Billion

According to Mears Group plc's latest financial reports the company has NZ$0.32 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.

Mears Group plc - Cash on Hand chart (from 2002 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.29 B	54.04%
2022-12-31	NZ$0.19 B	76.67%
2021-12-31	NZ$0.10 B	-40.6%
2020-12-31	NZ$0.18 B	28.04%
2019-12-31	NZ$0.14 B	169.1%
2018-12-31	NZ$52.75 M	11.91%
2017-12-31	NZ$47.13 M	-50.76%
2016-12-31	NZ$95.73 M	-35.56%
2015-12-31	NZ$0.14 B	12.2%
2014-12-31	NZ$0.13 B	-17.08%
2013-12-31	NZ$0.15 B	41.06%
2012-12-31	NZ$0.11 B	22.05%
2011-12-31	NZ$92.74 M	113.04%
2010-12-31	NZ$43.53 M	-16.89%
2009-12-31	NZ$52.38 M	28.87%
2008-12-31	NZ$40.64 M	2.77%
2007-12-31	NZ$39.55 M	17.3%
2006-12-31	NZ$33.71 M	36.73%
2005-12-31	NZ$24.65 M	13.46%
2004-12-31	NZ$21.73 M	131.75%
2003-12-31	NZ$9.37 M	-45%
2002-12-31	NZ$17.05 M	6.73%
2001-12-31	NZ$15.97 M	31.89%
2000-12-31	NZ$12.11 M	36.14%
1999-12-31	NZ$8.89 M	341.35%
1998-12-31	NZ$2.01 M	118.48%
1997-12-31	NZ$0.92 M	-60.46%
1996-12-31	NZ$2.33 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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