Provention Bio (PRVB) - Cash on Hand

Cash on Hand as of December 2022 : HK$1.28 Billion

According to Provention Bio's latest financial reports the company has HK$1.28 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.

Provention Bio - Cash on Hand chart (from 2017 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$1.28 B	30.05%
2021-12-31	HK$0.99 B	4.97%
2020-12-31	HK$0.94 B	42.04%
2019-12-31	HK$0.66 B	45.04%
2018-12-31	HK$0.45 B	168.72%
2017-12-31	HK$0.17 B
2016-12-31	N/A

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Novocure NVCR	HK$7.47 B	481.75%	Jersey
Novavax NVAX	HK$7.08 B	451.22%	🇺🇸 USA
Organovo ONVO	HK$24.71 M	-98.08%	🇺🇸 USA
Orchard Therapeutics ORTX	HK$0.97 B	-23.99%	🇬🇧 UK

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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