Mersana Therapeutics (MRSN)

Cash on Hand as of June 2024 : C$0.22 Billion

According to Mersana Therapeutics's latest financial reports the company has C$0.22 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.

Mersana Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.27 B	-27.2%
2022-12-31	C$0.38 B	67.96%
2021-12-31	C$0.22 B	-30.28%
2020-12-31	C$0.32 B	149.57%
2019-12-31	C$0.13 B	36.43%
2018-12-31	C$95.53 M	-33.77%
2017-12-31	C$0.14 B	7.02%
2016-12-31	C$0.13 B	742.4%
2015-12-31	C$15.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	C$0.40 B	75.99%	🇺🇸 USA

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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Mersana Therapeutics (MRSN) - Cash on Hand

Cash on Hand as of June 2024 : C$0.22 Billion