Spero Therapeutics (SPRO)

Cash on Hand as of June 2024 : £50.4 Million

According to Spero Therapeutics's latest financial reports the company has £50.4 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.

Spero Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£59.91 M	-33.56%
2022-12-31	£90.18 M	-16.85%
2021-12-31	£0.10 B	16.49%
2020-12-31	£93.1 M	48.8%
2019-12-31	£62.56 M	-31.2%
2018-12-31	£90.94 M	40.81%
2017-12-31	£64.58 M	672.59%
2016-12-31	£8.35 M	117.68%
2015-12-31	£3.84 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Franklin Covey FC	£29.02 M	-42.43%	🇺🇸 USA
IBM IBM	£10.87 B	21,468.78%	🇺🇸 USA
Thomson Reuters TRI	£1.41 B	2,709.83%	🇨🇦 Canada

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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Spero Therapeutics (SPRO) - Cash on Hand

Cash on Hand as of June 2024 : £50.4 Million