Heart Test Laboratories (HSCS)

Cash on Hand as of April 2024 : $5.8 M

According to Heart Test Laboratories's latest financial reports the company has $5.8 M 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.

Heart Test Laboratories - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-04-30	$1.66 M	80.83%
2022-04-30	$0.91 M	26.92%
2021-04-30	$0.72 M	45.61%
2020-04-30	$0.49 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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Heart Test Laboratories (HSCS) - Cash on Hand