Cartesian Therapeutics (RNAC)

Cash on Hand as of June 2024 : $87.22 Million USD

According to Cartesian Therapeutics's latest financial reports the company has $87.22 Million USD 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$76.91 M	-42.86%
2022-12-31	$0.13 B	5.11%
2021-12-31	$0.12 B	-7.66%
2020-12-31	$0.13 B	54.28%
2019-12-31	$89.89 M	140.34%
2018-12-31	$37.4 M	-61.3%
2017-12-31	$96.63 M	14.85%
2016-12-31	$84.14 M	130.76%
2015-12-31	$36.46 M	119.76%
2014-12-31	$16.59 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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Cartesian Therapeutics (RNAC) - Cash on Hand