Belite Bio (BLTE) - Cash on Hand

Cash on Hand as of December 2023 : €79.55 M

According to Belite Bio's latest financial reports the company has €79.55 M 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.

Belite Bio - Cash on Hand chart (from 2021 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€79.74 M	103.24%
2022-12-31	€39.23 M	157.38%
2021-12-31	€15.24 M	-27.26%
2020-12-31	€20.95 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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