eFFECTOR Therapeutics (EFTR)

Cash on Hand as of March 2024 : A$38.07 M

According to eFFECTOR Therapeutics's latest financial reports the company has A$38.07 M 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.

eFFECTOR Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$38.66 M	-43.44%
2021-12-31	A$68.35 M	246.16%
2020-12-31	A$19.74 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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eFFECTOR Therapeutics (EFTR) - Cash on Hand