Thinkific Labs (THNC.TO)

Cash on Hand as of December 2024 : €43.53 Million

According to Thinkific Labs's latest financial reports the company has €43.53 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.

Thinkific Labs - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	€47.56 M	-39.3%
2023-12-31	€78.34 M	-10.45%
2022-12-31	€87.48 M	-21.4%
2021-12-31	€0.11 B	1410.1%
2020-12-31	€7.37 M	123.65%
2019-12-31	€3.29 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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Thinkific Labs (THNC.TO) - Cash on Hand