Montrose Environmental (MEG) - Cash on Hand

Cash on Hand as of September 2024 : NZ$22 Million

According to Montrose Environmental's latest financial reports the company has NZ$22 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.

Montrose Environmental - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$36.74 M	-74.03%
2022-12-31	NZ$0.14 B	-34.14%
2021-12-31	NZ$0.21 B	350.8%
2020-12-31	NZ$47.65 M	400.63%
2019-12-31	NZ$9.51 M	156.54%
2018-12-31	NZ$3.71 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
E. W. Scripps Company SSP	NZ$58.43 M	165.56%	🇺🇸 USA
New York Times NYT	NZ$0.83 B	3,678.80%	🇺🇸 USA
Sinclair Broadcast SBGI	NZ$0.63 B	2,797.66%	🇺🇸 USA
Entravision Communications EVC	NZ$0.14 B	576.86%	🇺🇸 USA
Nexstar Media Group NXST	NZ$0.30 B	1,287.50%	🇺🇸 USA
Daily Journal DJCO	NZ$0.56 B	2,468.13%	🇺🇸 USA
Lee Enterprises LEE	NZ$27.17 M	23.47%	🇺🇸 USA
Gray Television GTN	NZ$0.12 B	474.93%	🇺🇸 USA
Gannett GCI	NZ$0.17 B	680.38%	🇺🇸 USA

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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