Avidity Biosciences (RNA) - Cash on Hand

Cash on Hand as of June 2024 : £1.03 Billion

According to Avidity Biosciences's latest financial reports the company has £1.03 Billion 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.

Avidity Biosciences - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.46 B	-7.43%
2022-12-31	£0.50 B	68.03%
2021-12-31	£0.30 B	24.8%
2020-12-31	£0.24 B	233.78%
2019-12-31	£72.12 M	2862.87%
2018-12-31	£2.43 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PTC Therapeutics PTCT	£0.80 B	-21.99%	🇺🇸 USA
Acorda Therapeutics ACOR	£7.43 M	-99.28%	🇺🇸 USA
Sarepta Therapeutics SRPT	£0.95 B	-7.75%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	£0.35 B	-65.95%	🇺🇸 USA
Fate Therapeutics FATE	£0.24 B	-76.53%	🇺🇸 USA
Acceleron Pharma XLRN	N/A	N/A	🇺🇸 USA
Pfizer PFE	£7.89 B	666.10%	🇺🇸 USA
GlaxoSmithKline GSK	£3.41 B	230.91%	🇬🇧 UK

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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