CARGO Therapeutics (CRGX)

Cash on Hand as of December 2024 : HK$2.64 Billion

According to CARGO Therapeutics's latest financial reports the company has HK$2.64 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.

CARGO Therapeutics - Cash on Hand chart (from 2022 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	HK$2.63 B	-16.77%
2023-12-31	HK$3.16 B	21564.84%
2022-12-31	HK$14.62 M	4475.04%
2021-12-31	HK$0.31 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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CARGO Therapeutics (CRGX) - Cash on Hand