LakeShore Biopharma (LSB)

Cash on Hand as of March 2024 : €31 Million

According to LakeShore Biopharma's latest financial reports the company has €31 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.

LakeShore Biopharma - Cash on Hand chart (from 2022 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2024-03-31	€31.59 M	-36.05%
2023-03-31	€49.4 M	29.09%
2022-03-31	€38.26 M	-24.5%
2021-03-31	€50.68 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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LakeShore Biopharma (LSB) - Cash on Hand