Lyra Therapeutics (LYRA)

Cash on Hand as of June 2024 : C$94.54 Million

According to Lyra Therapeutics's latest financial reports the company has C$94.54 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$0.13 B	127.84%
2021-12-31	C$58.3 M	-38.7%
2020-12-31	C$95.11 M	642.49%
2019-12-31	C$12.8 M	-60.63%
2018-12-31	C$32.54 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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Lyra Therapeutics (LYRA) - Cash on Hand