Cerevel Therapeutics (CERE)

Cash on Hand as of March 2024 : NZ$1.49 Billion

According to Cerevel Therapeutics's latest financial reports the company has NZ$1.49 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.56 B	11.53%
2022-12-31	NZ$1.40 B	69.65%
2021-12-31	NZ$0.82 B	55.77%
2020-12-31	NZ$0.53 B	350.11%
2019-12-31	NZ$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Archer Daniels Midland (ADM) ADM	NZ$1.38 B	-7.36%	🇺🇸 USA
Dow DOW	NZ$5.09 B	240.66%	🇺🇸 USA
Dupont De Nemours DD	NZ$2.90 B	94.38%	🇺🇸 USA
Campbell Soup CPB	NZ$1.42 B	-4.52%	🇺🇸 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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Cerevel Therapeutics (CERE) - Cash on Hand

Cash on Hand as of March 2024 : NZ$1.49 Billion