Thorne HealthTech (THRN) - Cash on Hand

Cash on Hand as of June 2023 : C$23.15 Million

According to Thorne HealthTech's latest financial reports the company has C$23.15 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.

Thorne HealthTech - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$48.88 M	-24.94%
2021-12-31	C$65.12 M	234.66%
2020-12-31	C$19.46 M	3113.64%
2019-12-31	C$0.6 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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