Adicet Bio (ACET) - Cash on Hand

Cash on Hand as of June 2024 : A$0.34 Billion

According to Adicet Bio's latest financial reports the company has A$0.34 Billion 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.

Adicet Bio - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.37 B	-1.1%
2021-12-31	A$0.38 B	211.13%
2020-12-31	A$0.12 B	38.06%
2019-12-31	A$89.12 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Quaker Houghton KWR	A$0.32 B	-5.35%	🇺🇸 USA
Merck MRK	A$17.24 B	4,967.19%	🇺🇸 USA
Pfizer PFE	A$10.78 B	3,069.11%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	A$3.42 B	907.73%	🇮🇱 Israel
Novartis NVS	A$21.29 B	6,157.00%	🇨🇭 Switzerland
Hawkins HWKN	A$11.42 M	-96.64%	🇺🇸 USA

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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