89bio (ETNB) - Cash on Hand

Cash on Hand as of June 2024 : HK$4.12 Billion

According to 89bio's latest financial reports the company has HK$4.12 Billion 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.

89bio - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.52 B	207.52%
2022-12-31	HK$1.47 B	25.09%
2021-12-31	HK$1.17 B	-25.91%
2020-12-31	HK$1.58 B	118.23%
2019-12-31	HK$0.72 B	726.29%
2018-12-31	HK$87.97 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.22 B	-46.10%	🇺🇸 USA

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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