Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : HK$38.72 Million

According to Global Medical REIT 's latest financial reports the company has HK$38.72 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.

Global Medical REIT - Cash on Hand chart (from 2012 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$9.98 M	-68.19%
2022-12-31	HK$31.37 M	-44.21%
2021-12-31	HK$56.24 M	31.75%
2020-12-31	HK$42.69 M	98.25%
2019-12-31	HK$21.53 M	-24.27%
2018-12-31	HK$28.43 M	-28.77%
2017-12-31	HK$39.91 M	-73.83%
2016-12-31	HK$0.15 B	114.29%
2015-12-31	HK$71.18 M
2014-08-31	HK$1.26 M	4528.8%
2013-08-31	HK$0.02 M	-71.42%
2012-08-31	HK$0.09 M	-74.16%
2011-08-31	HK$0.36 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