Morphic Therapeutic (MORF) - Cash on Hand

Cash on Hand as of June 2024 : £0.46 Billion

According to Morphic Therapeutic's latest financial reports the company has £0.46 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.

Morphic Therapeutic - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£0.55 B	92.06%
2022-12-31	£0.28 B	-4.8%
2021-12-31	£0.30 B	80.55%
2020-12-31	£0.16 B	-7.35%
2019-12-31	£0.18 B	23.42%
2018-12-31	£0.14 B	853.89%
2017-12-31	£15.35 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Onconova Therapeutics ONTX	£12.2 M	-97.39%	🇺🇸 USA
OPKO Health OPK	£0.30 B	-33.92%	🇺🇸 USA

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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