Inspira Technologies (IINN)

Cash on Hand as of June 2023 : A$5.25 Million

According to Inspira Technologies's latest financial reports the company has A$5.25 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.

Inspira Technologies - Cash on Hand chart (from 2019 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$9.96 M	-69.57%
2021-12-31	A$32.75 M	4978.36%
2020-12-31	A$0.64 M	370.45%
2019-12-31	A$0.13 M	1107.43%
2018-12-31	A$0.01 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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Inspira Technologies (IINN) - Cash on Hand