Merrimack Pharmaceuticals (MACK) - Cash on Hand

Cash on Hand as of March 2024 : HK$1.89 Billion

According to Merrimack Pharmaceuticals's latest financial reports the company has HK$1.89 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.

Merrimack Pharmaceuticals - Cash on Hand chart (from 2010 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.14 B	-2.94%
2022-12-31	HK$0.15 B	37.14%
2021-12-31	HK$0.11 B	1.77%
2020-12-31	HK$0.10 B	-15.72%
2019-12-31	HK$0.12 B	-76.87%
2018-12-31	HK$0.55 B	-23.54%
2017-12-31	HK$0.73 B	337.39%
2016-12-31	HK$0.16 B	-88.4%
2015-12-31	HK$1.43 B	49.54%
2014-12-31	HK$0.96 B	-20.06%
2013-12-31	HK$1.20 B	41.21%
2012-12-31	HK$0.85 B	117.48%
2011-12-31	HK$0.39 B	63.95%
2010-12-31	HK$0.23 B	-47.2%
2009-12-31	HK$0.45 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	HK$56.66 B	2,883.95%	🇫🇷 France
AVEO Oncology AVEO	HK$0.60 B	-68.29%	🇺🇸 USA
Geron GERN	HK$2.64 B	39.19%	🇺🇸 USA
Clovis Oncology CLVS	HK$0.45 B	-76.11%	🇺🇸 USA
Eterna Therapeutics ERNA	HK$20.11 M	-98.94%	🇺🇸 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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