European Residential REIT (ERE-UN.TO)

Cash on Hand as of June 2024 : HK$70.47 M

According to European Residential REIT's latest financial reports the company has HK$70.47 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	HK$59.51 M	-34.79%
2022-12-31	HK$91.26 M	-0.13%
2021-12-31	HK$91.38 M	-10.62%
2020-12-31	HK$0.10 B	-16.13%
2019-12-31	HK$0.12 B	507.45%
2018-12-31	HK$20.06 M	-66.91%
2017-12-31	HK$60.65 M	232.15%
2016-12-31	HK$18.26 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