Merrimack Pharmaceuticals (MACK) - Cash on Hand

Cash on Hand as of March 2024 : A$0.38 Billion

According to Merrimack Pharmaceuticals's latest financial reports the company has A$0.38 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.

Merrimack Pharmaceuticals - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$27.7 M	-3.01%
2022-12-31	A$28.56 M	45.81%
2021-12-31	A$19.59 M	7.31%
2020-12-31	A$18.25 M	-22.91%
2019-12-31	A$23.68 M	-76.59%
2018-12-31	A$0.10 B	-15.46%
2017-12-31	A$0.11 B	300.83%
2016-12-31	A$29.86 M	-88.28%
2015-12-31	A$0.25 B	68.12%
2014-12-31	A$0.15 B	-12.9%
2013-12-31	A$0.17 B	64.45%
2012-12-31	A$0.10 B	115.02%
2011-12-31	A$49.2 M	62.74%
2010-12-31	A$30.23 M	-53.48%
2009-12-31	A$64.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	A$11.42 B	2,883.95%	🇫🇷 France
AVEO Oncology AVEO	A$0.12 B	-68.29%	🇺🇸 USA
Geron GERN	A$0.53 B	39.19%	🇺🇸 USA
Clovis Oncology CLVS	A$91.46 M	-76.11%	🇺🇸 USA
Eterna Therapeutics ERNA	A$6.68 M	-98.25%	🇺🇸 USA

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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