MEG Energy (MEG.TO) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.19 Billion

According to MEG Energy's latest financial reports the company has NZ$0.19 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.

MEG Energy - Cash on Hand chart (from 2009 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.19 B	-14.41%
2022-12-31	NZ$0.22 B	-46.26%
2021-12-31	NZ$0.41 B	234.68%
2020-12-31	NZ$0.12 B	-47.09%
2019-12-31	NZ$0.23 B	-32.71%
2018-12-31	NZ$0.34 B	-32.96%
2017-12-31	NZ$0.51 B	209.31%
2016-12-31	NZ$0.16 B	-60.97%
2015-12-31	NZ$0.42 B	-40.41%
2014-12-31	NZ$0.72 B	-46.47%
2013-12-31	NZ$1.34 B	-45.09%
2012-12-31	NZ$2.45 B	18.3%
2011-12-31	NZ$2.07 B	14.72%
2010-12-31	NZ$1.80 B	42.76%
2009-12-31	NZ$1.26 B	270.68%
2008-12-31	NZ$0.34 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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