Mynaric (MYNA) - Cash on Hand

Cash on Hand as of December 2023 : C$38 Million

According to Mynaric's latest financial reports the company has C$38 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.

Mynaric - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	C$14.9 M	-78.57%
2021-12-31	C$69.55 M	2.67%
2020-12-31	C$67.74 M	333.45%
2019-12-31	C$15.63 M	-26.75%
2018-12-31	C$21.33 M	-50.27%
2017-12-31	C$42.91 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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