Larimar Therapeutics (LRMR)

Cash on Hand as of September 2024 : HK$1.58 Billion

According to Larimar Therapeutics's latest financial reports the company has HK$1.58 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.

Larimar Therapeutics - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.67 B	-26.74%
2022-12-31	HK$0.92 B	69.29%
2021-12-31	HK$0.54 B	-23.89%
2020-12-31	HK$0.71 B	9038.82%
2019-12-31	HK$7.85 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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Larimar Therapeutics (LRMR) - Cash on Hand