Eledon Pharmaceuticals (ELDN)

Cash on Hand as of June 2024 : £66 Million

According to Eledon Pharmaceuticals's latest financial reports the company has £66 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.

Eledon Pharmaceuticals - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£40.11 M	-13.97%
2022-12-31	£46.62 M	-25.81%
2021-12-31	£62.84 M	-24.98%
2020-12-31	£83.77 M	1149.67%
2019-12-31	£6.7 M	-34.4%
2018-12-31	£10.21 M	-19.85%
2017-12-31	£12.75 M	1326.43%
2016-12-31	£0.89 M	-97.93%
2015-12-31	£43.15 M	-36.16%
2014-12-31	£67.6 M	251.2%
2013-12-31	£19.24 M	166.13%
2012-12-31	£7.23 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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Eledon Pharmaceuticals (ELDN) - Cash on Hand