Lipella Pharmaceuticals (LIPO)

Cash on Hand as of September 2024 : HK$10.51 Million

According to Lipella Pharmaceuticals's latest financial reports the company has HK$10.51 Million 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.

Lipella Pharmaceuticals - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$25.72 M	-35.72%
2022-12-31	HK$40.01 M	199.35%
2021-12-31	HK$13.36 M	184.21%
2020-12-31	HK$4.7 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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Lipella Pharmaceuticals (LIPO) - Cash on Hand