Morphic Therapeutic (MORF) - Cash on Hand

Cash on Hand as of June 2024 : A$0.94 Billion

According to Morphic Therapeutic's latest financial reports the company has A$0.94 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.

Morphic Therapeutic - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$1.03 B	102.02%
2022-12-31	A$0.51 B	-9.1%
2021-12-31	A$0.56 B	89.64%
2020-12-31	A$0.29 B	-12.31%
2019-12-31	A$0.33 B	28.28%
2018-12-31	A$0.26 B	892.85%
2017-12-31	A$26.57 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Onconova Therapeutics ONTX	A$24.69 M	-97.39%	🇺🇸 USA
OPKO Health OPK	A$0.62 B	-33.92%	🇺🇸 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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