Profound Medical (PROF)

Cash on Hand as of June 2024 : C$47.39 Million

According to Profound Medical's latest financial reports the company has C$47.39 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.

Profound Medical - Cash on Hand chart (from 2014 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2019-12-31	C$14.8 M	-34.31%
2018-12-31	C$22.53 M	155.17%
2017-12-31	C$8.82 M	-43.03%
2016-12-31	C$15.49 M	4.81%
2015-12-31	C$14.78 M	905.44%
2014-12-31	C$1.47 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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Profound Medical (PROF) - Cash on Hand