Rein Therapeutics (RNTX)

Cash on Hand as of September 2024 : $17.65 Million USD

According to Rein Therapeutics's latest financial reports the company has $17.65 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.

Rein Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$17.31 M	-18.5%
2022-12-31	$21.24 M	-53.75%
2021-12-31	$45.93 M	232.73%
2020-12-31	$13.8 M	-24.47%
2019-12-31	$18.27 M	-11.68%
2018-12-31	$20.69 M	-59.22%
2017-12-31	$50.75 M	145%
2016-12-31	$20.71 M	449.76%
2015-12-31	$3.76 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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Rein Therapeutics (RNTX) - Cash on Hand