Cerevel Therapeutics (CERE)

Cash on Hand as of March 2024 : HK$6.59 Billion

According to Cerevel Therapeutics's latest financial reports the company has HK$6.59 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.

Cerevel Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$7.73 B	11.05%
2022-12-31	HK$6.96 B	58.01%
2021-12-31	HK$4.41 B	48.32%
2020-12-31	HK$2.97 B	380.01%
2019-12-31	HK$0.61 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Archer Daniels Midland (ADM) ADM	HK$9.61 B	45.93%	🇺🇸 USA
Dow DOW	HK$35.89 B	444.61%	🇺🇸 USA
Dupont De Nemours DD	HK$15.22 B	131.01%	🇺🇸 USA
Campbell's CPB	HK$1.30 B	-80.15%	🇺🇸 USA

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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Cerevel Therapeutics (CERE) - Cash on Hand

Cash on Hand as of March 2024 : HK$6.59 Billion