Praxis Precision Medicines (PRAX)

Cash on Hand as of June 2024 : £0.26 B

According to Praxis Precision Medicines's latest financial reports the company has £0.26 B 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.

Praxis Precision Medicines - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£63.81 M	-23.17%
2022-12-31	£83.06 M	-59.26%
2021-12-31	£0.20 B	-6.17%
2020-12-31	£0.21 B	543.37%
2019-12-31	£33.77 M	140.05%
2018-12-31	£14.06 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	£0.21 B	-18.61%	🇺🇸 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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Praxis Precision Medicines (PRAX) - Cash on Hand

Cash on Hand as of June 2024 : £0.26 B