VersaBank (VBNK) - Cash on Hand

Cash on Hand as of October 2022 : C$88.29 M

According to VersaBank's latest financial reports the company has C$88.29 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.

VersaBank - Cash on Hand chart (from 2011 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-10-31	C$88.58 M	-67.38%
2021-10-31	C$0.27 B	5.39%
2020-10-31	C$0.25 B	85.16%
2019-10-31	C$0.13 B	7.22%
2018-10-31	C$0.12 B	-18.84%
2017-10-31	C$0.15 B	70.18%
2016-10-31	C$93.96 M	-26.06%
2015-10-31	C$0.12 B	-12.44%
2014-10-31	C$0.14 B	-17.69%
2013-10-31	C$0.17 B	36.19%
2012-10-31	C$0.12 B	-31.5%
2011-10-31	C$0.18 B

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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