Provention Bio (PRVB) - Cash on Hand

Cash on Hand as of December 2022 : NZ$0.29 Billion

According to Provention Bio's latest financial reports the company has NZ$0.29 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.

Provention Bio - Cash on Hand chart (from 2017 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.25 B	39.63%
2021-12-31	NZ$0.18 B	10.24%
2020-12-31	NZ$0.16 B	33.19%
2019-12-31	NZ$0.12 B	45.25%
2018-12-31	NZ$87.27 M	183.87%
2017-12-31	NZ$30.74 M
2016-12-31	N/A

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Novocure NVCR	NZ$1.70 B	481.75%	Jersey
Novavax NVAX	NZ$1.61 B	451.22%	🇺🇸 USA
Organovo ONVO	NZ$5.63 M	-98.08%	🇺🇸 USA
Orchard Therapeutics ORTX	NZ$0.22 B	-23.99%	🇬🇧 UK

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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