Minerva Surgical (UTRS)

Cash on Hand as of September 2023 : A$17.21 Million

According to Minerva Surgical's latest financial reports the company has A$17.21 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.

Minerva Surgical - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$10.2 M	-81.79%
2021-12-31	A$56.01 M	148.11%
2020-12-31	A$22.57 M	-41.64%
2019-12-31	A$38.68 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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Minerva Surgical (UTRS) - Cash on Hand