Varia US Properties (VARN.SW)

Cash on Hand as of June 2024 : A$56.3 Million

According to Varia US Properties's latest financial reports the company has A$56.3 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.

Varia US Properties - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$68.69 M	-39.57%
2022-12-31	A$0.11 B	2.52%
2021-12-31	A$0.11 B	-24.09%
2020-12-31	A$0.14 B	222.04%
2019-12-31	A$45.35 M	-27.81%
2018-12-31	A$62.83 M	27.82%
2017-12-31	A$49.15 M	-63.2%
2016-12-31	A$0.13 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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Varia US Properties (VARN.SW) - Cash on Hand