Phillips Edison & Company (PECO)

Cash on Hand as of September 2024 : NZ$26.95 Million

According to Phillips Edison & Company's latest financial reports the company has NZ$26.95 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.

Phillips Edison & Company - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$21.24 M	1.67%
2022-12-31	NZ$20.9 M	-85.45%
2021-12-31	NZ$0.14 B	-0.6%
2020-12-31	NZ$0.14 B	446.29%
2019-12-31	NZ$26.45 M	5.7%
2018-12-31	NZ$25.03 M	211.02%
2017-12-31	NZ$8.04 M	-32.21%
2016-12-31	NZ$11.87 M	-80.03%
2015-12-31	NZ$59.43 M	197.59%
2014-12-31	NZ$19.97 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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Phillips Edison & Company (PECO) - Cash on Hand