Velan (VLN.TO) - Cash on Hand

Cash on Hand as of August 2024 : C$70.57 Million

According to Velan's latest financial reports the company has C$70.57 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.

Velan - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-02-28	C$68.61 M	-14.26%
2022-02-28	C$80.02 M	-16.23%
2021-02-28	C$95.52 M
2020-02-29	C$0.10 B
2019-02-28	C$93.76 M	-14.67%
2018-02-28	C$0.10 B	-1.96%
2017-02-28	C$0.11 B
2016-02-29	C$0.12 B
2015-02-28	C$0.12 B	5.57%
2014-02-28	C$0.11 B	49.85%
2013-02-28	C$79.38 M
2012-02-29	C$69.92 M
2011-02-28	C$0.11 B	9.38%
2010-02-28	C$0.10 B
2008-05-31	C$39.74 M	48.13%
2007-05-31	C$26.83 M	-45.89%
2006-05-31	C$49.58 M	14.28%
2005-05-31	C$43.38 M	-40.53%
2004-05-31	C$72.94 M	9.19%
2003-05-31	C$66.8 M	57.75%
2002-05-31	C$42.35 M	-23.4%
2001-05-31	C$55.29 M	27.8%
2000-05-31	C$43.26 M	-33.02%
1999-05-31	C$64.59 M	140.08%
1998-05-31	C$26.9 M	-25.26%
1997-05-31	C$35.99 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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