Eledon Pharmaceuticals (ELDN)

Cash on Hand as of June 2024 : HK$0.65 Billion

According to Eledon Pharmaceuticals's latest financial reports the company has HK$0.65 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.

Eledon Pharmaceuticals - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.39 B	-9.45%
2022-12-31	HK$0.44 B	-33.37%
2021-12-31	HK$0.66 B	-25.28%
2020-12-31	HK$0.88 B	1193.01%
2019-12-31	HK$68.46 M	-32.6%
2018-12-31	HK$0.10 B	-24.55%
2017-12-31	HK$0.13 B	1474.14%
2016-12-31	HK$8.55 M	-98.27%
2015-12-31	HK$0.49 B	-39.28%
2014-12-31	HK$0.81 B	231.57%
2013-12-31	HK$0.24 B	171.71%
2012-12-31	HK$90.61 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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Eledon Pharmaceuticals (ELDN) - Cash on Hand