Spero Therapeutics (SPRO)

Cash on Hand as of June 2024 : C$88.37 Million

According to Spero Therapeutics's latest financial reports the company has C$88.37 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$0.10 B	-31.62%
2022-12-31	C$0.14 B	-20.65%
2021-12-31	C$0.18 B	15.31%
2020-12-31	C$0.16 B	51.01%
2019-12-31	C$0.10 B	-31.86%
2018-12-31	C$0.15 B	43.3%
2017-12-31	C$0.10 B	691.69%
2016-12-31	C$13.86 M	75.59%
2015-12-31	C$7.89 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Franklin Covey FC	C$50.87 M	-42.43%	🇺🇸 USA
IBM IBM	C$19.06 B	21,468.78%	🇺🇸 USA
Thomson Reuters TRI	C$2.48 B	2,709.83%	🇨🇦 Canada

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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Spero Therapeutics (SPRO) - Cash on Hand

Cash on Hand as of June 2024 : C$88.37 Million