Mereo BioPharma Group (MREO)

Cash on Hand as of September 2024 : A$0.12 Billion

According to Mereo BioPharma Group's latest financial reports the company has A$0.12 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.

Mereo BioPharma Group - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$0.10 B	-42.96%
2021-12-31	A$0.17 B	322.01%
2020-12-31	A$41.6 M	35.88%
2019-12-31	A$30.61 M	-38.31%
2018-12-31	A$49.62 M	-45.44%
2017-12-31	A$90.96 M	-0.82%
2016-12-31	A$91.71 M	268.1%
2015-12-31	A$24.91 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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Mereo BioPharma Group (MREO) - Cash on Hand