Vintage Wine Estates (VWE)

Cash on Hand as of March 2024 : $24.1 Million USD

According to Vintage Wine Estates's latest financial reports the company has $24.1 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.

Vintage Wine Estates - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$18.23 M	-59.26%
2022-06-30	$44.75 M	-62.35%
2021-06-30	$0.11 B	6689.21%
2020-06-30	$1.75 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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Vintage Wine Estates (VWE) - Cash on Hand