Mereo BioPharma Group (MREO)

Cash on Hand as of September 2024 : HK$0.62 Billion

According to Mereo BioPharma Group's latest financial reports the company has HK$0.62 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.

Mereo BioPharma Group - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.44 B	-30.42%
2022-12-31	HK$0.64 B	-51.89%
2021-12-31	HK$1.33 B	296.35%
2020-12-31	HK$0.33 B	54.4%
2019-12-31	HK$0.21 B	-36.99%
2018-12-31	HK$0.34 B	-53.67%
2017-12-31	HK$0.74 B	18.54%
2016-12-31	HK$0.63 B	203.48%
2015-12-31	HK$0.20 B

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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Mereo BioPharma Group (MREO) - Cash on Hand