Mersana Therapeutics (MRSN)

Cash on Hand as of September 2024 : A$0.24 Billion

According to Mersana Therapeutics's latest financial reports the company has A$0.24 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.

Mersana Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.30 B	-25.6%
2022-12-31	A$0.41 B	68.06%
2021-12-31	A$0.24 B	-26.01%
2020-12-31	A$0.33 B	132.76%
2019-12-31	A$0.14 B	43.17%
2018-12-31	A$99.55 M	-32.26%
2017-12-31	A$0.14 B	5.62%
2016-12-31	A$0.13 B	778.83%
2015-12-31	A$15.83 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.43 B	75.53%	🇺🇸 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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Mersana Therapeutics (MRSN) - Cash on Hand

Cash on Hand as of September 2024 : A$0.24 Billion