Adicet Bio (ACET) - Cash on Hand

Cash on Hand as of June 2024 : HK$1.74 Billion

According to Adicet Bio's latest financial reports the company has HK$1.74 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.

Adicet Bio - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$2.01 B	-6.98%
2021-12-31	HK$2.16 B	195.06%
2020-12-31	HK$0.73 B	50.93%
2019-12-31	HK$0.48 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Quaker Houghton KWR	HK$1.65 B	-5.35%	🇺🇸 USA
Merck MRK	HK$113.55 B	6,412.73%	🇺🇸 USA
Pfizer PFE	HK$77.44 B	4,341.49%	🇺🇸 USA
Teva Pharmaceutical Industries TEVA	HK$25.82 B	1,381.24%	🇮🇱 Israel
Novartis NVS	HK$109.09 B	6,157.00%	🇨🇭 Switzerland
Hawkins HWKN	HK$58.56 M	-96.64%	🇺🇸 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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