Profound Medical (PROF)

Cash on Hand as of June 2024 : HK$0.26 Billion

According to Profound Medical's latest financial reports the company has HK$0.26 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.20 B	-43.67%
2022-12-31	HK$0.36 B	-30.59%
2021-12-31	HK$0.52 B	-19.51%
2020-12-31	HK$0.65 B	637.09%
2019-12-31	HK$88.25 M	-31.86%
2018-12-31	HK$0.12 B	136.05%
2017-12-31	HK$54.86 M	-38.65%
2016-12-31	HK$89.43 M	8.24%
2015-12-31	HK$82.63 M	740.49%
2014-12-31	HK$9.83 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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Profound Medical (PROF) - Cash on Hand