Acumen Pharmaceuticals (ABOS)

Cash on Hand as of September 2024 : HK$1.55 Billion

According to Acumen Pharmaceuticals's latest financial reports the company has HK$1.55 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.

Acumen Pharmaceuticals - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.38 B	-8.38%
2021-12-31	HK$1.51 B	346.29%
2020-12-31	HK$0.33 B	565.07%
2019-12-31	HK$51.02 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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Acumen Pharmaceuticals (ABOS) - Cash on Hand