Global Medical REIT (GMRE)

Cash on Hand as of June 2024 : NZ$8.04 M

According to Global Medical REIT 's latest financial reports the company has NZ$8.04 M 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	NZ$2.02 M	-68.05%
2022-12-31	NZ$6.32 M	-39.94%
2021-12-31	NZ$10.53 M	37.55%
2020-12-31	NZ$7.65 M	86.81%
2019-12-31	NZ$4.09 M	-24.24%
2018-12-31	NZ$5.41 M	-24.79%
2017-12-31	NZ$7.19 M	-74.67%
2016-12-31	NZ$28.39 M	111.38%
2015-12-31	NZ$13.43 M
2014-08-31	NZ$0.19 M	4185.57%
2013-08-31	NZ$0 M	-70.51%
2012-08-31	NZ$0.01 M	-72.31%
2011-08-31	NZ$0.05 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