Mynaric (MYNA) - Cash on Hand

Cash on Hand as of December 2023 : A$39.88 Million

According to Mynaric's latest financial reports the company has A$39.88 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.

Mynaric - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$16.13 M	-78.56%
2021-12-31	A$75.27 M	8.94%
2020-12-31	A$69.1 M	304.26%
2019-12-31	A$17.09 M	-23.13%
2018-12-31	A$22.23 M	-49.14%
2017-12-31	A$43.72 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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