Eledon Pharmaceuticals (ELDN)

Cash on Hand as of September 2024 : $78.19 Million USD

According to Eledon Pharmaceuticals's latest financial reports the company has $78.19 Million USD 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.

Eledon Pharmaceuticals - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$51.1 M	-9.41%
2022-12-31	$56.4 M	-33.51%
2021-12-31	$84.83 M	-25.71%
2020-12-31	$0.11 B	1199%
2019-12-31	$8.79 M	-32.23%
2018-12-31	$12.97 M	-24.73%
2017-12-31	$17.23 M	1462.38%
2016-12-31	$1.1 M	-98.28%
2015-12-31	$63.95 M	-39.24%
2014-12-31	$0.10 B	231.48%
2013-12-31	$31.75 M	171.6%
2012-12-31	$11.69 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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Eledon Pharmaceuticals (ELDN) - Cash on Hand