Mereo BioPharma Group (MREO)

Cash on Hand as of September 2024 : £62.16 Million

According to Mereo BioPharma Group's latest financial reports the company has £62.16 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	£68.18 M	-46.43%
2021-12-31	£0.12 B	297.9%
2020-12-31	£31.98 M	49.22%
2019-12-31	£21.43 M	-38.67%
2018-12-31	£34.94 M	-50.78%
2017-12-31	£71 M	7.42%
2016-12-31	£66.1 M	264.3%
2015-12-31	£18.14 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