Velan (VLN.TO) - Cash on Hand

Cash on Hand as of August 2024 : $49.27 Million USD

According to Velan's latest financial reports the company has $49.27 Million USD 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.

Velan - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-02-28	$50.55 M	-19.43%
2022-02-28	$62.74 M	-16.32%
2021-02-28	$74.97 M
2020-02-29	$75.95 M
2019-02-28	$71.33 M	-17.09%
2018-02-28	$86.03 M	1.23%
2017-02-28	$84.99 M
2016-02-29	$92.59 M
2015-02-28	$0.10 B	-6.11%
2014-02-28	$0.10 B	37.88%
2013-02-28	$77.57 M
2012-02-29	$70.36 M
2011-02-28	$0.12 B	17.69%
2010-02-28	$0.10 B
2008-05-31	$39.99 M	59.52%
2007-05-31	$25.07 M	-44.33%
2006-05-31	$45.03 M	30.14%
2005-05-31	$34.6 M	-35.37%
2004-05-31	$53.54 M	9.82%
2003-05-31	$48.75 M	76.64%
2002-05-31	$27.59 M	-22.96%
2001-05-31	$35.82 M	24.44%
2000-05-31	$28.78 M	-34.19%
1999-05-31	$43.74 M	136.87%
1998-05-31	$18.46 M	-29.3%
1997-05-31	$26.12 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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