Spero Therapeutics (SPRO)

Cash on Hand as of June 2024 : €60.56 Million

According to Spero Therapeutics's latest financial reports the company has €60.56 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.

Spero Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€69.05 M	-32.11%
2022-12-31	€0.10 B	-21.32%
2021-12-31	€0.12 B	25.29%
2020-12-31	€0.10 B	40.88%
2019-12-31	€73.23 M	-27.42%
2018-12-31	€0.10 B	38.71%
2017-12-31	€72.74 M	641.84%
2016-12-31	€9.8 M	88.41%
2015-12-31	€5.2 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Franklin Covey FC	€34.86 M	-42.43%	🇺🇸 USA
IBM IBM	€13.06 B	21,468.78%	🇺🇸 USA
Thomson Reuters TRI	€1.70 B	2,709.83%	🇨🇦 Canada

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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Spero Therapeutics (SPRO) - Cash on Hand

Cash on Hand as of June 2024 : €60.56 Million