LakeShore Biopharma (LSB)

Cash on Hand as of September 2023 : C$51.97 Million

According to LakeShore Biopharma's latest financial reports the company has C$51.97 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.

LakeShore Biopharma - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	C$72.84 M	36.62%
2022-03-31	C$53.31 M	-28.91%
2021-03-31	C$74.99 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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LakeShore Biopharma (LSB) - Cash on Hand