European Residential REIT (ERE-UN.TO)

Cash on Hand as of September 2024 : C$13.5 Million

According to European Residential REIT's latest financial reports the company has C$13.5 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.

European Residential REIT - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$10.1 M	-36.23%
2022-12-31	C$15.84 M	6.12%
2021-12-31	C$14.93 M	-11.18%
2020-12-31	C$16.81 M	-17.74%
2019-12-31	C$20.44 M	485.62%
2018-12-31	C$3.49 M	-64.23%
2017-12-31	C$9.76 M	208.42%
2016-12-31	C$3.16 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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European Residential REIT (ERE-UN.TO) - Cash on Hand