Profound Medical (PROF)

Cash on Hand as of June 2024 : €32.75 Million

According to Profound Medical's latest financial reports the company has €32.75 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€23.71 M	-45.32%
2022-12-31	€43.36 M	-26.87%
2021-12-31	€59.29 M	-13.09%
2020-12-31	€68.22 M	574.43%
2019-12-31	€10.11 M	-30.03%
2018-12-31	€14.45 M	147.01%
2017-12-31	€5.85 M	-46.62%
2016-12-31	€10.96 M	12.46%
2015-12-31	€9.75 M	835.58%
2014-12-31	€1.04 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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Profound Medical (PROF) - Cash on Hand