IO Biotech (IOBT) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.14 Billion

According to IO Biotech's latest financial reports the company has NZ$0.14 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.

IO Biotech - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.22 B	0.82%
2022-12-31	NZ$0.22 B	-27.48%
2021-12-31	NZ$0.30 B	6462.51%
2020-12-31	NZ$4.71 M	-59.49%
2019-12-31	NZ$11.64 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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