Vecima Networks (VCM.TO)

Cash on Hand as of June 2024 : $1.55 Million USD

According to Vecima Networks's latest financial reports the company has $1.55 Million USD 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.

Vecima Networks - Cash on Hand chart (from 2005 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$1.71 M	-82.83%
2022-06-30	$10.01 M	-57.06%
2021-06-30	$23.32 M	-7.73%
2020-06-30	$25.27 M	-25.29%
2019-06-30	$33.82 M	-22.9%
2018-06-30	$43.87 M	-36.09%
2017-06-30	$68.64 M	19.84%
2016-06-30	$57.28 M	19.16%
2015-06-30	$48.07 M	5.77%
2014-06-30	$45.45 M	50.14%
2013-06-30	$30.27 M	57.68%
2012-06-30	$19.19 M	264.26%
2011-06-30	$5.27 M	604.5%
2010-06-30	$0.74 M	-3.18%
2009-06-30	$0.77 M	-60.81%
2008-06-30	$1.97 M	3770.85%
2007-06-30	$0.05 M	-99.59%
2006-06-30	$12.42 M
2004-06-30	$1.27 M	-72.33%
2003-06-30	$4.59 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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Vecima Networks (VCM.TO) - Cash on Hand