Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : $4.97 Million USD

According to Global Medical REIT 's latest financial reports the company has $4.97 Million USD 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	$1.27 M	-68.18%
2022-12-31	$4.01 M	-44.32%
2021-12-31	$7.21 M	30.98%
2020-12-31	$5.5 M	99.17%
2019-12-31	$2.76 M	-23.85%
2018-12-31	$3.63 M	-28.93%
2017-12-31	$5.1 M	-74.03%
2016-12-31	$19.67 M	114.18%
2015-12-31	$9.18 M
2014-08-31	$0.16 M	4531.57%
2013-08-31	$0 M	-71.42%
2012-08-31	$0.01 M	-74.03%
2011-08-31	$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