Morphic Therapeutic (MORF) - Cash on Hand

Cash on Hand as of June 2024 : NZ$1.08 Billion

According to Morphic Therapeutic's latest financial reports the company has NZ$1.08 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.

Morphic Therapeutic - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$1.11 B	103.05%
2022-12-31	NZ$0.54 B	-8.2%
2021-12-31	NZ$0.59 B	88.88%
2020-12-31	NZ$0.31 B	-10.11%
2019-12-31	NZ$0.35 B	26.98%
2018-12-31	NZ$0.27 B	848.57%
2017-12-31	NZ$29.21 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Onconova Therapeutics ONTX	NZ$28.39 M	-97.39%	🇺🇸 USA
OPKO Health OPK	NZ$0.71 B	-33.92%	🇺🇸 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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