Petros Pharmaceuticals (PTPI)

Cash on Hand as of September 2024 : C$5.57 Million

According to Petros Pharmaceuticals's latest financial reports the company has C$5.57 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.

Petros Pharmaceuticals - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$17.68 M	38.3%
2022-12-31	C$12.79 M	-57.91%
2021-12-31	C$30.39 M	39.07%
2020-12-31	C$21.85 M	679.8%
2019-12-31	C$2.8 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NRC Health NRC	C$6.06 M	8.69%	🇺🇸 USA
Nymox Pharmaceutical NYMX	C$0.18 M	-96.61%	Bahamas

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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Petros Pharmaceuticals (PTPI) - Cash on Hand

Cash on Hand as of September 2024 : C$5.57 Million