Petros Pharmaceuticals (PTPI)

Cash on Hand as of June 2024 : A$11.48 Million

According to Petros Pharmaceuticals's latest financial reports the company has A$11.48 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.

Petros Pharmaceuticals - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$13.85 M	-57.89%
2021-12-31	A$32.89 M	47.57%
2020-12-31	A$22.29 M	627.29%
2019-12-31	A$3.06 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NRC Health NRC	A$0.74 M	-93.50%	🇺🇸 USA
Nymox Pharmaceutical NYMX	A$0.2 M	-98.23%	Bahamas

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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Petros Pharmaceuticals (PTPI) - Cash on Hand

Cash on Hand as of June 2024 : A$11.48 Million