Profound Medical (PROF)

Cash on Hand as of June 2024 : A$52.42 Million

According to Profound Medical's latest financial reports the company has A$52.42 Million 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	A$38.47 M	-43.71%
2022-12-31	A$68.35 M	-26.2%
2021-12-31	A$92.62 M	-15.12%
2020-12-31	A$0.10 B	574.26%
2019-12-31	A$16.18 M	-31.06%
2018-12-31	A$23.47 M	160.99%
2017-12-31	A$8.99 M	-43.78%
2016-12-31	A$16 M	9.34%
2015-12-31	A$14.63 M	844.91%
2014-12-31	A$1.54 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