Adagene (ADAG) - Cash on Hand

Cash on Hand as of December 2024 : €77.4 Million

According to Adagene's latest financial reports the company has €77.4 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.

Adagene - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€99.44 M	-25.8%
2022-12-31	€0.13 B	-12.97%
2021-12-31	€0.15 B	152.03%
2020-12-31	€61.09 M	-31.92%
2019-12-31	€89.74 M	109.27%
2018-12-31	€42.88 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Novocure NVCR	€0.87 B	1,026.68%	Jersey
Novavax NVAX	€0.83 B	983.54%	🇺🇸 USA
Organovo ONVO	€1.05 M	-98.64%	🇺🇸 USA
Orchard Therapeutics ORTX	€0.11 B	47.21%	🇬🇧 UK

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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