Sagimet Biosciences (SGMT)

Cash on Hand as of June 2024 : NZ$0.26 B

According to Sagimet Biosciences's latest financial reports the company has NZ$0.26 B 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.

Sagimet Biosciences - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$50.94 M	-38.5%
2021-12-31	NZ$82.83 M	-13.28%
2020-12-31	NZ$95.52 M	531.01%
2019-12-31	NZ$15.13 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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Sagimet Biosciences (SGMT) - Cash on Hand