Borealis Foods (BRLS) - Cash on Hand

Cash on Hand as of June 2024 : $3.12 M

According to Borealis Foods's latest financial reports the company has $3.12 M 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.

Borealis Foods - Cash on Hand chart (from 2023 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.09 M	-86.32%
2022-12-31	$0.68 M	-76.57%
2021-12-31	$2.9 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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