Omega Therapeutics (OMGA)

Cash on Hand as of June 2024 : C$64.1 Million

According to Omega Therapeutics's latest financial reports the company has C$64.1 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.

Omega Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.16 B	-41.09%
2021-12-31	C$0.28 B	881.29%
2020-12-31	C$29.26 M	885.33%
2019-12-31	C$2.96 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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Omega Therapeutics (OMGA) - Cash on Hand