Lucid Diagnostics (LUCD)

Cash on Hand as of September 2024 : NZ$25.61 Million

According to Lucid Diagnostics's latest financial reports the company has NZ$25.61 Million 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.

Lucid Diagnostics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$35.39 M	-54.94%
2021-12-31	NZ$78.55 M	50963.26%
2020-12-31	NZ$0.15 M	-33.76%
2019-12-31	NZ$0.23 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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Lucid Diagnostics (LUCD) - Cash on Hand