Merrimack Pharmaceuticals (MACK) - Cash on Hand

Cash on Hand as of March 2024 : $0.24 Billion USD

According to Merrimack Pharmaceuticals's latest financial reports the company has $0.24 Billion 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.

Merrimack Pharmaceuticals - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$18.87 M	-2.9%
2022-12-31	$19.43 M	36.87%
2021-12-31	$14.2 M	1.18%
2020-12-31	$14.03 M	-15.33%
2019-12-31	$16.58 M	-76.74%
2018-12-31	$71.27 M	-23.72%
2017-12-31	$93.44 M	334.12%
2016-12-31	$21.52 M	-88.4%
2015-12-31	$0.18 B	49.65%
2014-12-31	$0.12 B	-20.09%
2013-12-31	$0.15 B	41.15%
2012-12-31	$0.10 B	117.93%
2011-12-31	$50.45 M	64.28%
2010-12-31	$30.71 M	-47.4%
2009-12-31	$58.38 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	$7.28 B	2,883.95%	🇫🇷 France
AVEO Oncology AVEO	$77.39 M	-68.29%	🇺🇸 USA
Geron GERN	$0.33 B	39.19%	🇺🇸 USA
Clovis Oncology CLVS	$58.32 M	-76.11%	🇺🇸 USA
Eterna Therapeutics ERNA	$2.58 M	-98.94%	🇺🇸 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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