Belite Bio (BLTE) - Cash on Hand

Cash on Hand as of December 2023 : $88.15 Million USD

According to Belite Bio's latest financial reports the company has $88.15 Million USD 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.

Belite Bio - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$88.15 M	109.45%
2022-12-31	$42.08 M	142.67%
2021-12-31	$17.34 M	-32.3%
2020-12-31	$25.61 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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