Larimar Therapeutics (LRMR)

Cash on Hand as of September 2024 : C$0.29 Billion

According to Larimar Therapeutics's latest financial reports the company has C$0.29 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.

Larimar Therapeutics - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.11 B	-28.37%
2022-12-31	C$0.16 B	79.89%
2021-12-31	C$89.33 M	-24.37%
2020-12-31	C$0.11 B	8863.32%
2019-12-31	C$1.31 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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Larimar Therapeutics (LRMR) - Cash on Hand