Vera Therapeutics (VERA)

Cash on Hand as of June 2024 : HK$2.99 Billion

According to Vera Therapeutics's latest financial reports the company has HK$2.99 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.

Vera Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.89 B	44.19%
2021-12-31	HK$0.62 B	49.37%
2020-12-31	HK$0.41 B	1571.57%
2019-12-31	HK$24.88 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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Vera Therapeutics (VERA) - Cash on Hand