VS Media (VSME) - Cash on Hand

Cash on Hand as of December 2023 : A$2.34 Million

According to VS Media's latest financial reports the company has A$2.34 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.

VS Media - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$2.2 M	82.6%
2022-12-31	A$1.2 M	11.28%
2021-12-31	A$1.08 M	-2.38%
2020-12-31	A$1.1 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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