SofWave Medical (SOFW.TA)

Cash on Hand as of September 2024 : €20.5 Million

According to SofWave Medical's latest financial reports the company has €20.5 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.

SofWave Medical - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€22.09 M	-25.96%
2022-12-31	€29.83 M	-26.88%
2021-12-31	€40.8 M	1798.14%
2020-12-31	€2.14 M	-57.87%
2019-12-31	€5.1 M	4322.17%
2018-12-31	€0.11 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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SofWave Medical (SOFW.TA) - Cash on Hand