Lyra Therapeutics (LYRA)

Cash on Hand as of June 2024 : £53.22 Million

According to Lyra Therapeutics's latest financial reports the company has £53.22 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.

Lyra Therapeutics - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£80.91 M	138.76%
2021-12-31	£33.89 M	-38.07%
2020-12-31	£54.72 M	631.65%
2019-12-31	£7.47 M	-60.26%
2018-12-31	£18.81 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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Lyra Therapeutics (LYRA) - Cash on Hand