Altareit (AREIT.PA) - Cash on Hand

Cash on Hand as of December 2023 : NZ$1.09 Billion

According to Altareit's latest financial reports the company has NZ$1.09 Billion 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.

Altareit - Cash on Hand chart (from 2009 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$1.34 B	-39.96%
2021-12-31	NZ$2.24 B	11.24%
2020-12-31	NZ$2.02 B	77.31%
2019-12-31	NZ$1.13 B	28.01%
2018-12-31	NZ$0.89 B	16.35%
2017-12-31	NZ$0.76 B	99.04%
2016-12-31	NZ$0.38 B	15.49%
2015-12-31	NZ$0.33 B	-4.46%
2014-12-31	NZ$0.34 B	15.86%
2013-12-31	NZ$0.30 B	-4.26%
2012-12-31	NZ$0.31 B	-4%
2011-12-31	NZ$0.32 B	3.18%
2010-12-31	NZ$0.31 B	5.84%
2009-12-31	NZ$0.29 B

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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