Lantern Pharma (LTRN) - Cash on Hand

Cash on Hand as of September 2024 : HK$0.21 Billion

According to Lantern Pharma's latest financial reports the company has HK$0.21 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.

Lantern Pharma - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.43 B	-21.8%
2021-12-31	HK$0.55 B	269.95%
2020-12-31	HK$0.14 B	1453.58%
2019-12-31	HK$9.59 M	175.25%
2018-12-31	HK$3.48 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.11 B	870.88%	🇺🇸 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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