Bright Minds Biosciences (DRUG)

Cash on Hand as of June 2024 : $4.52 Million USD

According to Bright Minds Biosciences's latest financial reports the company has $4.52 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.

Bright Minds Biosciences - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-09-30	$4.96 M	-41.61%
2022-09-30	$8.5 M	-45.12%
2021-09-30	$15.49 M	2492.24%
2020-09-30	$0.59 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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Bright Minds Biosciences (DRUG) - Cash on Hand