Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : €4.75 Million

According to Global Medical REIT 's latest financial reports the company has €4.75 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€1.15 M	-69.12%
2022-12-31	€3.74 M	-41.22%
2021-12-31	€6.36 M	42.25%
2020-12-31	€4.47 M	81.4%
2019-12-31	€2.46 M	-22.23%
2018-12-31	€3.17 M	-25.46%
2017-12-31	€4.25 M	-77.23%
2016-12-31	€18.7 M	122.64%
2015-12-31	€8.39 M
2014-08-31	€0.12 M	4558.8%
2013-08-31	€0 M	-72.93%
2012-08-31	€0 M	-70.05%
2011-08-31	€0.03 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