Omega Therapeutics (OMGA)

Cash on Hand as of September 2024 : NZ$53.68 Million

According to Omega Therapeutics's latest financial reports the company has NZ$53.68 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.19 B	-40.47%
2021-12-31	NZ$0.32 B	937.11%
2020-12-31	NZ$31.8 M	842.05%
2019-12-31	NZ$3.37 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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Omega Therapeutics (OMGA) - Cash on Hand