Cartesian Therapeutics (RNAC)

Cash on Hand as of September 2024 : HK$1.70 Billion

According to Cartesian Therapeutics's latest financial reports the company has HK$1.70 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.60 B	-42.88%
2022-12-31	HK$1.05 B	5.32%
2021-12-31	HK$0.99 B	-7.12%
2020-12-31	HK$1.07 B	53.57%
2019-12-31	HK$0.70 B	139.02%
2018-12-31	HK$0.29 B	-61.21%
2017-12-31	HK$0.75 B	15.72%
2016-12-31	HK$0.65 B	130.88%
2015-12-31	HK$0.28 B	119.59%
2014-12-31	HK$0.12 B

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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Cartesian Therapeutics (RNAC) - Cash on Hand