MP Materials (MP) - Cash on Hand

Cash on Hand as of June 2024 : NZ$1.59 Billion

According to MP Materials's latest financial reports the company has NZ$1.59 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.

MP Materials - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.57 B	-15.27%
2022-12-31	NZ$1.86 B	7.86%
2021-12-31	NZ$1.72 B	139.73%
2020-12-31	NZ$0.72 B	17492.96%
2019-12-31	NZ$4.09 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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