Merrimack Pharmaceuticals (MACK) - Cash on Hand

Cash on Hand as of March 2024 : C$0.34 Billion

According to Merrimack Pharmaceuticals's latest financial reports the company has C$0.34 Billion 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.

Merrimack Pharmaceuticals - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$25.03 M	-5.09%
2022-12-31	C$26.37 M	45.73%
2021-12-31	C$18.1 M	1.13%
2020-12-31	C$17.89 M	-17.34%
2019-12-31	C$21.65 M	-77.7%
2018-12-31	C$97.09 M	-17.35%
2017-12-31	C$0.11 B	306.15%
2016-12-31	C$28.92 M	-88.77%
2015-12-31	C$0.25 B	78.88%
2014-12-31	C$0.14 B	-12.88%
2013-12-31	C$0.16 B	51.1%
2012-12-31	C$0.10 B	113.04%
2011-12-31	C$51.32 M	67.17%
2010-12-31	C$30.7 M	-50.03%
2009-12-31	C$61.43 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	C$10.36 B	2,883.95%	🇫🇷 France
AVEO Oncology AVEO	C$0.11 B	-68.29%	🇺🇸 USA
Geron GERN	C$0.48 B	39.19%	🇺🇸 USA
Clovis Oncology CLVS	C$82.96 M	-76.11%	🇺🇸 USA
Eterna Therapeutics ERNA	C$6.06 M	-98.25%	🇺🇸 USA

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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