Velan (VLN.TO) - Cash on Hand

Cash on Hand as of August 2024 : A$78 Million

According to Velan's latest financial reports the company has A$78 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.

Velan - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-02-28	A$74.96 M	-14.13%
2022-02-28	A$87.3 M	-10.27%
2021-02-28	A$97.3 M
2020-02-29	A$0.11 B
2019-02-28	A$99.78 M	-9.61%
2018-02-28	A$0.11 B	-0.29%
2017-02-28	A$0.11 B
2016-02-29	A$0.12 B
2015-02-28	A$0.12 B	7.73%
2014-02-28	A$0.11 B	57.43%
2013-02-28	A$75.8 M
2012-02-29	A$65.15 M
2011-02-28	A$0.11 B	3.96%
2010-02-28	A$0.11 B
2008-05-31	A$41.87 M	38.37%
2007-05-31	A$30.26 M	-49.41%
2006-05-31	A$59.82 M	31.59%
2005-05-31	A$45.46 M	-39.37%
2004-05-31	A$74.98 M	0.23%
2003-05-31	A$74.81 M	52.76%
2002-05-31	A$48.97 M	-29.88%
2001-05-31	A$69.84 M	39.06%
2000-05-31	A$50.22 M	-25.41%
1999-05-31	A$67.33 M	124.25%
1998-05-31	A$30.02 M	-12.86%
1997-05-31	A$34.46 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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