Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : C$6.75 M

According to Global Medical REIT 's latest financial reports the company has C$6.75 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.

Global Medical REIT - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$1.69 M	-68.89%
2022-12-31	C$5.44 M	-40.3%
2021-12-31	C$9.12 M	29.99%
2020-12-31	C$7.02 M	95.92%
2019-12-31	C$3.58 M	-27.63%
2018-12-31	C$4.95 M	-22.89%
2017-12-31	C$6.42 M	-75.7%
2016-12-31	C$26.43 M	107.27%
2015-12-31	C$12.75 M
2014-08-31	C$0.17 M	4690%
2013-08-31	C$0 M	-69.72%
2012-08-31	C$0.01 M	-73.67%
2011-08-31	C$0.04 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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Global Medical REIT (GMRE) - Cash on Hand