Orchestra BioMed (OBIO)

Cash on Hand as of June 2024 : £51.99 Million

According to Orchestra BioMed 's latest financial reports the company has £51.99 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.

Orchestra BioMed - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	£8.07 M	-69.26%
2020-12-31	£26.25 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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Orchestra BioMed (OBIO) - Cash on Hand