Orchestra BioMed (OBIO)

Cash on Hand as of September 2024 : HK$0.52 Billion

According to Orchestra BioMed 's latest financial reports the company has HK$0.52 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.

Orchestra BioMed - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.68 B	4.5%
2022-12-31	HK$0.65 B	670.5%
2021-12-31	HK$84.96 M	-69.38%
2020-12-31	HK$0.27 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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Orchestra BioMed (OBIO) - Cash on Hand