Vecima Networks (VCM.TO)

Cash on Hand as of March 2024 : $2.42 M

According to Vecima Networks's latest financial reports the company has $2.42 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.

Vecima Networks - Cash on Hand chart (from 2005 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$1.72 M	-82.83%
2022-06-30	$10.02 M	-56.99%
2021-06-30	$23.3 M	-8.11%
2020-06-30	$25.35 M	-25.04%
2019-06-30	$33.82 M	-22.9%
2018-06-30	$43.87 M	-36.1%
2017-06-30	$68.65 M	20.51%
2016-06-30	$56.97 M	18.19%
2015-06-30	$48.2 M	6.06%
2014-06-30	$45.45 M	50.14%
2013-06-30	$30.27 M	57.68%
2012-06-30	$19.19 M	265.51%
2011-06-30	$5.25 M	597.02%
2010-06-30	$0.75 M	-2.89%
2009-06-30	$0.77 M	-60.67%
2008-06-30	$1.97 M	3773.33%
2007-06-30	$0.05 M	-99.59%
2006-06-30	$12.47 M
2004-06-30	$1.26 M	-72.57%
2003-06-30	$4.59 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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Vecima Networks (VCM.TO) - Cash on Hand