Praxis Precision Medicines (PRAX)

Cash on Hand as of September 2024 : ₹30.13 Billion

According to Praxis Precision Medicines's latest financial reports the company has ₹30.13 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.

Praxis Precision Medicines - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹6.76 B	-18.61%
2022-12-31	₹8.31 B	-59.51%
2021-12-31	₹20.53 B	-5.33%
2020-12-31	₹21.69 B	578.77%
2019-12-31	₹3.19 B	154.62%
2018-12-31	₹1.25 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	₹24.17 B	-19.78%	🇺🇸 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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Praxis Precision Medicines (PRAX) - Cash on Hand

Cash on Hand as of September 2024 : ₹30.13 Billion