European Residential REIT (ERE-UN.TO)

Cash on Hand as of June 2024 : $9.06 M

According to European Residential REIT's latest financial reports the company has $9.06 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.

European Residential REIT - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$7.61 M	-34.76%
2022-12-31	$11.68 M	-0.33%
2021-12-31	$11.71 M	-11.14%
2020-12-31	$13.18 M	-15.74%
2019-12-31	$15.65 M	510.79%
2018-12-31	$2.56 M	-66.99%
2017-12-31	$7.76 M	229.67%
2016-12-31	$2.35 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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European Residential REIT (ERE-UN.TO) - Cash on Hand