Avidity Biosciences (RNA) - Cash on Hand

Cash on Hand as of June 2024 : A$1.98 Billion

According to Avidity Biosciences's latest financial reports the company has A$1.98 Billion 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.

Avidity Biosciences - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.87 B	-2.63%
2022-12-31	A$0.89 B	60.44%
2021-12-31	A$0.55 B	31.08%
2020-12-31	A$0.42 B	215.91%
2019-12-31	A$0.13 B	2979.72%
2018-12-31	A$4.38 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PTC Therapeutics PTCT	A$1.55 B	-21.99%	🇺🇸 USA
Acorda Therapeutics ACOR	A$14.34 M	-99.28%	🇺🇸 USA
Sarepta Therapeutics SRPT	A$1.83 B	-7.75%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	A$0.67 B	-65.95%	🇺🇸 USA
Fate Therapeutics FATE	A$0.46 B	-76.53%	🇺🇸 USA
Acceleron Pharma XLRN	N/A	N/A	🇺🇸 USA
Pfizer PFE	A$15.24 B	666.10%	🇺🇸 USA
GlaxoSmithKline GSK	A$6.58 B	230.91%	🇬🇧 UK

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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