European Residential REIT (ERE-UN.TO)

Cash on Hand as of September 2024 : NZ$17.09 Million

According to European Residential REIT's latest financial reports the company has NZ$17.09 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$12.04 M	-34.5%
2022-12-31	NZ$18.39 M	7.23%
2021-12-31	NZ$17.15 M	-6.13%
2020-12-31	NZ$18.27 M	-21.35%
2019-12-31	NZ$23.24 M	508.34%
2018-12-31	NZ$3.82 M	-65.05%
2017-12-31	NZ$10.93 M	221.54%
2016-12-31	NZ$3.39 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