Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : A$7.62 Million

According to Global Medical REIT 's latest financial reports the company has A$7.62 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.

Global Medical REIT - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.87 M	-68.21%
2022-12-31	A$5.9 M	-40.68%
2021-12-31	A$9.94 M	38.92%
2020-12-31	A$7.16 M	81.35%
2019-12-31	A$3.94 M	-23.38%
2018-12-31	A$5.15 M	-21.24%
2017-12-31	A$6.54 M	-76.02%
2016-12-31	A$27.28 M	116.46%
2015-12-31	A$12.6 M
2014-08-31	A$0.17 M	4314.69%
2013-08-31	A$0 M	-66.99%
2012-08-31	A$0.01 M	-73.04%
2011-08-31	A$0.04 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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Global Medical REIT (GMRE) - Cash on Hand