Cartesian Therapeutics (RNAC)

Cash on Hand as of September 2024 : C$0.31 Billion

According to Cartesian Therapeutics's latest financial reports the company has C$0.31 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.10 B	-44.15%
2022-12-31	C$0.18 B	11.92%
2021-12-31	C$0.16 B	-7.71%
2020-12-31	C$0.17 B	50.62%
2019-12-31	C$0.11 B	130.43%
2018-12-31	C$50.95 M	-58.06%
2017-12-31	C$0.12 B	7.45%
2016-12-31	C$0.11 B	123.55%
2015-12-31	C$50.58 M	162.69%
2014-12-31	C$19.25 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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Cartesian Therapeutics (RNAC) - Cash on Hand