Neuronetics (STIM) - Cash on Hand

Cash on Hand as of June 2024 : C$61 Million

According to Neuronetics's latest financial reports the company has C$61 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.

Neuronetics - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$80.35 M	-17.62%
2022-12-31	C$97.53 M	-20.56%
2021-12-31	C$0.12 B	89.39%
2020-12-31	C$64.82 M	-35.19%
2019-12-31	C$0.10 B	-29.79%
2018-12-31	C$0.14 B	288.76%
2017-12-31	C$36.64 M	60.03%
2016-12-31	C$22.89 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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