Sagimet Biosciences (SGMT)

Cash on Hand as of June 2024 : A$0.24 B

According to Sagimet Biosciences's latest financial reports the company has A$0.24 B 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.

Sagimet Biosciences - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$47.53 M	-39.08%
2021-12-31	A$78.02 M	-12.49%
2020-12-31	A$89.15 M	513.73%
2019-12-31	A$14.52 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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Sagimet Biosciences (SGMT) - Cash on Hand