Eargo (EAR) - Cash on Hand

Cash on Hand as of September 2023 : A$65.22 Million

According to Eargo's latest financial reports the company has A$65.22 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.

Eargo - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.14 B	-2.39%
2021-12-31	A$0.15 B	-44.77%
2020-12-31	A$0.27 B	1343.53%
2019-12-31	A$19.11 M	-73.62%
2018-12-31	A$72.46 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PAVmed PAVM	A$4.39 M	-93.26%	🇺🇸 USA
Philips PHG	A$3.18 B	4,775.58%	🇳🇱 Netherlands

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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