Arcutis Biotherapeutics (ARQT)

Cash on Hand as of September 2024 : HK$2.56 Billion

According to Arcutis Biotherapeutics's latest financial reports the company has HK$2.56 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.

Arcutis Biotherapeutics - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$2.12 B	-33.65%
2022-12-31	HK$3.20 B	6.03%
2021-12-31	HK$3.01 B	36.87%
2020-12-31	HK$2.20 B	179.59%
2019-12-31	HK$0.78 B	97.71%
2018-12-31	HK$0.39 B	1393.77%
2017-12-31	HK$26.7 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.11 B	-17.60%	🇺🇸 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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Arcutis Biotherapeutics (ARQT) - Cash on Hand

Cash on Hand as of September 2024 : HK$2.56 Billion