Cartesian Therapeutics (RNAC)

Cash on Hand as of September 2024 : A$0.35 Billion

According to Cartesian Therapeutics's latest financial reports the company has A$0.35 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.11 B	-42.93%
2022-12-31	A$0.19 B	11.98%
2021-12-31	A$0.17 B	-2.07%
2020-12-31	A$0.18 B	40.48%
2019-12-31	A$0.12 B	141.82%
2018-12-31	A$53.09 M	-57.11%
2017-12-31	A$0.12 B	6.04%
2016-12-31	A$0.11 B	133.22%
2015-12-31	A$50.05 M	146.88%
2014-12-31	A$20.27 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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Cartesian Therapeutics (RNAC) - Cash on Hand