Veridis Environment (VRDS.TA)

Cash on Hand as of June 2024 : A$40.5 M

According to Veridis Environment's latest financial reports the company has A$40.5 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.

Veridis Environment - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$44.05 M	-16.94%
2022-12-31	A$53.03 M	-5.33%
2021-12-31	A$56.02 M	336.12%
2020-12-31	A$12.84 M	-10.6%
2019-12-31	A$14.36 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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Veridis Environment (VRDS.TA) - Cash on Hand