Varia US Properties (VARN.SW)

Cash on Hand as of June 2024 : NZ$62.83 Million

According to Varia US Properties's latest financial reports the company has NZ$62.83 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.

Varia US Properties - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$74 M	-39.26%
2022-12-31	NZ$0.12 B	3.53%
2021-12-31	NZ$0.11 B	-24.4%
2020-12-31	NZ$0.15 B	230.12%
2019-12-31	NZ$47.15 M	-28.54%
2018-12-31	NZ$65.98 M	22.12%
2017-12-31	NZ$54.03 M	-61.13%
2016-12-31	NZ$0.13 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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Varia US Properties (VARN.SW) - Cash on Hand