iSpecimen (ISPC) - Cash on Hand

Cash on Hand as of September 2024 : $1.75 Million USD

According to iSpecimen's latest financial reports the company has $1.75 Million USD 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.

iSpecimen - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$5 M	-67.3%
2022-12-31	$15.3 M	-44.81%
2021-12-31	$27.73 M	3886.01%
2020-12-31	$0.69 M	1191.28%
2019-12-31	$0.05 M	-95.23%
2018-12-31	$1.13 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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