Profound Medical (PROF)

Cash on Hand as of June 2024 : £27.22 Million

According to Profound Medical's latest financial reports the company has £27.22 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£20.57 M	-46.49%
2022-12-31	£38.45 M	-22.71%
2021-12-31	£49.74 M	-19.19%
2020-12-31	£61.56 M	612.39%
2019-12-31	£8.64 M	-33.68%
2018-12-31	£13.03 M	150.75%
2017-12-31	£5.19 M	-44.41%
2016-12-31	£9.34 M	29.93%
2015-12-31	£7.19 M	783.67%
2014-12-31	£0.81 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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Profound Medical (PROF) - Cash on Hand