Rapid Micro Biosystems (RPID)

Cash on Hand as of September 2024 : C$87.04 Million

According to Rapid Micro Biosystems's latest financial reports the company has C$87.04 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.

Rapid Micro Biosystems - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.12 B	-17.18%
2022-12-31	C$0.14 B	-40.22%
2021-12-31	C$0.24 B	329.05%
2020-12-31	C$57.47 M	253.22%
2019-12-31	C$16.27 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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Rapid Micro Biosystems (RPID) - Cash on Hand