VersaBank (VBNK) - Cash on Hand

Cash on Hand as of October 2022 : $65.09 Million USD

According to VersaBank's latest financial reports the company has $65.09 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.

VersaBank - Cash on Hand chart (from 2011 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-10-31	$65.09 M	-70.31%
2021-10-31	$0.21 B	13.77%
2020-10-31	$0.19 B	82.36%
2019-10-31	$0.10 B	6.8%
2018-10-31	$98.96 M	-20.63%
2017-10-31	$0.12 B	77.85%
2016-10-31	$70.11 M	-27.88%
2015-10-31	$97.2 M	-25.03%
2014-10-31	$0.12 B	-22.95%
2013-10-31	$0.16 B	29.92%
2012-10-31	$0.12 B	-31.9%
2011-10-31	$0.19 B

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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