MCAN Financial Group (TSX:MKP) Beginning Cash Position : C$50.5 Mil (As of Dec. 2023)

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What is MCAN Financial Group Beginning Cash Position?

MCAN Financial Group's Beginning Cash Position for the quarter that ended in Dec. 2023 was C$50.5 Mil.

MCAN Financial Group's quarterly Beginning Cash Position increased from Jun. 2023 (C$66.6 Mil) to Sep. 2023 (C$116.6 Mil) but then declined from Sep. 2023 (C$116.6 Mil) to Dec. 2023 (C$50.5 Mil).

MCAN Financial Group's annual Beginning Cash Position increased from Dec. 2021 (C$88.9 Mil) to Dec. 2022 (C$122.3 Mil) but then declined from Dec. 2022 (C$122.3 Mil) to Dec. 2023 (C$78.2 Mil).

MCAN Financial Group Beginning Cash Position Historical Data

The historical data trend for MCAN Financial Group's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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MCAN Financial Group Beginning Cash Position Chart

MCAN Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Beginning Cash Position

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98.84

54.45

88.93

122.27

78.21

MCAN Financial Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Beginning Cash Position	Get a 7-Day Free Trial															37.94	78.21	66.62	116.59	50.47

MCAN Financial Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

MCAN Financial Group Beginning Cash Position Related Terms

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MCAN Financial Group (TSX:MKP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » MCAN Financial Group (TSX:MKP) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

MAMTF:USA 885:Germany

Address

200 King Street West, Suite 600, Toronto, ON, CAN, M5H 3T4

Website

https://www.mcanfinancial.com

MCAN Financial Group is a mortgage investment company whose objective is to generate a reliable stream of income by investing its funds in a portfolio of mortgages (including single family residential, residential construction, non-residential construction and commercial loans), as well as other types of loans and investments, real estate and securitization investments. The company derives majority of its revenues from mortgage income and equity income.

MCAN Financial Group (TSX:MKP) Headlines

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