Mereo BioPharma Group (MREO)

Cash on Hand as of June 2024 : HK$0.67 Billion

According to Mereo BioPharma Group's latest financial reports the company has HK$0.67 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.

Mereo BioPharma Group - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.53 B	-46.35%
2021-12-31	HK$0.99 B	300.22%
2020-12-31	HK$0.24 B	48.55%
2019-12-31	HK$0.16 B	-39.02%
2018-12-31	HK$0.27 B	-50.66%
2017-12-31	HK$0.55 B	8.23%
2016-12-31	HK$0.51 B	264.41%
2015-12-31	HK$0.14 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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Mereo BioPharma Group (MREO) - Cash on Hand