European Residential REIT (ERE-UN.TO)

Cash on Hand as of June 2024 : A$13.44 M

According to European Residential REIT's latest financial reports the company has A$13.44 M 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.

European Residential REIT - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$11.18 M	-34.84%
2022-12-31	A$17.16 M	6.18%
2021-12-31	A$16.16 M	-5.75%
2020-12-31	A$17.15 M	-23.28%
2019-12-31	A$22.35 M	514.57%
2018-12-31	A$3.63 M	-63.42%
2017-12-31	A$9.94 M	204.38%
2016-12-31	A$3.26 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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European Residential REIT (ERE-UN.TO) - Cash on Hand