IO Biotech (IOBT) - Cash on Hand

Cash on Hand as of September 2024 : €77.36 Million

According to IO Biotech's latest financial reports the company has €77.36 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.

IO Biotech - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€0.12 B	-2.56%
2022-12-31	€0.13 B	-28.83%
2021-12-31	€0.18 B	6647.13%
2020-12-31	€2.76 M	-60.47%
2019-12-31	€7 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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