Profound Medical (PROF)

Cash on Hand as of September 2024 : $27.12 Million USD

According to Profound Medical's latest financial reports the company has $27.12 Million 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$26.21 M	-43.65%
2022-12-31	$46.51 M	-30.73%
2021-12-31	$67.15 M	-19.97%
2020-12-31	$83.91 M	640.51%
2019-12-31	$11.33 M	-31.49%
2018-12-31	$16.53 M	135.51%
2017-12-31	$7.02 M	-39.11%
2016-12-31	$11.53 M	8.19%
2015-12-31	$10.66 M	741.11%
2014-12-31	$1.26 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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Profound Medical (PROF) - Cash on Hand