Modiv (MDV) - Cash on Hand

Cash on Hand as of June 2024 : NZ$30.5 M

According to Modiv's latest financial reports the company has NZ$30.5 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.

Modiv - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$4.94 M	-63.5%
2022-12-31	NZ$13.55 M	-83.41%
2021-12-31	NZ$81.72 M	612.54%
2020-12-31	NZ$11.46 M	13.38%
2019-12-31	NZ$10.11 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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