Morphic Therapeutic (MORF) - Cash on Hand

Cash on Hand as of June 2024 : HK$4.88 Billion

According to Morphic Therapeutic's latest financial reports the company has HK$4.88 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.

Morphic Therapeutic - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$5.50 B	102.17%
2022-12-31	HK$2.72 B	-14.5%
2021-12-31	HK$3.18 B	79.85%
2020-12-31	HK$1.76 B	-4.14%
2019-12-31	HK$1.84 B	26.8%
2018-12-31	HK$1.45 B	797.97%
2017-12-31	HK$0.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Onconova Therapeutics ONTX	HK$0.12 B	-97.39%	🇺🇸 USA
OPKO Health OPK	HK$3.22 B	-33.92%	🇺🇸 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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