Praxis Precision Medicines (PRAX)

Cash on Hand as of September 2024 : $0.35 Billion USD

According to Praxis Precision Medicines's latest financial reports the company has $0.35 Billion USD 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.

Praxis Precision Medicines - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$81.3 M	-19.1%
2022-12-31	$0.10 B	-63.58%
2021-12-31	$0.27 B	-6.98%
2020-12-31	$0.29 B	561.85%
2019-12-31	$44.81 M	149.67%
2018-12-31	$17.95 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	$0.28 B	-19.78%	🇺🇸 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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Praxis Precision Medicines (PRAX) - Cash on Hand

Cash on Hand as of September 2024 : $0.35 Billion USD