Sagimet Biosciences (SGMT)

Cash on Hand as of June 2024 : $0.16 Billion USD

According to Sagimet Biosciences's latest financial reports the company has $0.16 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$32.34 M	-42.99%
2021-12-31	$56.73 M	-17.42%
2020-12-31	$68.7 M	572.76%
2019-12-31	$10.21 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