Mereo BioPharma Group (MREO)

Cash on Hand as of June 2024 : £69.85 Million

According to Mereo BioPharma Group's latest financial reports the company has £69.85 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.

Mereo BioPharma Group - Cash on Hand chart (from 2015 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	£56.33 M	-40.26%
2021-12-31	£94.29 M	301.79%
2020-12-31	£23.46 M	43.57%
2019-12-31	£16.34 M	-40.65%
2018-12-31	£27.54 M	-47.58%
2017-12-31	£52.54 M	-1.93%
2016-12-31	£53.57 M	337.44%
2015-12-31	£12.24 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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Mereo BioPharma Group (MREO) - Cash on Hand