Rapid Micro Biosystems (RPID)

Cash on Hand as of June 2024 : HK$0.53 Billion

According to Rapid Micro Biosystems's latest financial reports the company has HK$0.53 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.

Rapid Micro Biosystems - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.71 B	-15.31%
2022-12-31	HK$0.84 B	-43.74%
2021-12-31	HK$1.50 B	331.77%
2020-12-31	HK$0.34 B	260.13%
2019-12-31	HK$97.03 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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Rapid Micro Biosystems (RPID) - Cash on Hand