Thorne HealthTech (THRN) - Cash on Hand

Cash on Hand as of June 2023 : A$24.16 Million

According to Thorne HealthTech's latest financial reports the company has A$24.16 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.

Thorne HealthTech - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$52.93 M	-24.89%
2021-12-31	A$70.48 M	255.12%
2020-12-31	A$19.84 M	2897.26%
2019-12-31	A$0.66 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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