SofWave Medical (SOFW.TA)

Cash on Hand as of September 2024 : £16.9 Million

According to SofWave Medical's latest financial reports the company has £16.9 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.

SofWave Medical - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£19.16 M	-27.54%
2022-12-31	£26.45 M	-22.72%
2021-12-31	£34.23 M	1664.82%
2020-12-31	£1.93 M	-55.5%
2019-12-31	£4.35 M	4091.79%
2018-12-31	£0.1 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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SofWave Medical (SOFW.TA) - Cash on Hand