Avidity Biosciences (RNA) - Cash on Hand

Cash on Hand as of September 2024 : HK$12.33 Billion

According to Avidity Biosciences's latest financial reports the company has HK$12.33 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.

Avidity Biosciences - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.64 B	-2.56%
2022-12-31	HK$4.77 B	50.9%
2021-12-31	HK$3.16 B	24.31%
2020-12-31	HK$2.54 B	245.35%
2019-12-31	HK$0.73 B	2944.05%
2018-12-31	HK$24.19 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PTC Therapeutics PTCT	HK$7.86 B	-36.21%	🇺🇸 USA
Acorda Therapeutics ACOR	HK$72.69 M	-99.41%	🇺🇸 USA
Sarepta Therapeutics SRPT	HK$9.30 B	-24.56%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	HK$3.43 B	-72.16%	🇺🇸 USA
Fate Therapeutics FATE	HK$2.30 B	-81.31%	🇺🇸 USA
Acceleron Pharma XLRN	N/A	N/A	🇺🇸 USA
Pfizer PFE	HK$77.25 B	526.47%	🇺🇸 USA
GlaxoSmithKline GSK	HK$33.37 B	170.60%	🇬🇧 UK

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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