Avidity Biosciences (RNA) - Cash on Hand

Cash on Hand as of June 2024 : C$1.80 Billion

According to Avidity Biosciences's latest financial reports the company has C$1.80 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	C$0.78 B	-4.72%
2022-12-31	C$0.82 B	60.34%
2021-12-31	C$0.51 B	23.53%
2020-12-31	C$0.41 B	238.72%
2019-12-31	C$0.12 B	2834.63%
2018-12-31	C$4.2 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PTC Therapeutics PTCT	C$1.52 B	-15.84%	🇺🇸 USA
Acorda Therapeutics ACOR	C$13.02 M	-99.28%	🇺🇸 USA
Sarepta Therapeutics SRPT	C$2.03 B	12.43%	🇺🇸 USA
Catalyst Pharmaceuticals CPRX	C$0.52 B	-71.08%	🇺🇸 USA
Fate Therapeutics FATE	C$0.42 B	-76.53%	🇺🇸 USA
Acceleron Pharma XLRN	N/A	N/A	🇺🇸 USA
Pfizer PFE	C$9.87 B	446.63%	🇺🇸 USA
GlaxoSmithKline GSK	C$5.98 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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