Cartesian Therapeutics (RNAC)

Cash on Hand as of June 2024 : £68.85 Million

According to Cartesian Therapeutics's latest financial reports the company has £68.85 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£60.36 M	-45.74%
2022-12-31	£0.11 B	17.28%
2021-12-31	£94.86 M	-6.76%
2020-12-31	£0.10 B	48.42%
2019-12-31	£68.55 M	132.65%
2018-12-31	£29.46 M	-58.79%
2017-12-31	£71.5 M	4.86%
2016-12-31	£68.19 M	177.15%
2015-12-31	£24.6 M	130.88%
2014-12-31	£10.65 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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Cartesian Therapeutics (RNAC) - Cash on Hand