Spero Therapeutics (SPRO)

Cash on Hand as of September 2024 : HK$0.59 Billion

According to Spero Therapeutics's latest financial reports the company has HK$0.59 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.

Spero Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.59 B	-30.07%
2022-12-31	HK$0.85 B	-25.32%
2021-12-31	HK$1.14 B	16.04%
2020-12-31	HK$0.98 B	53.97%
2019-12-31	HK$0.63 B	-29.32%
2018-12-31	HK$0.90 B	32.56%
2017-12-31	HK$0.68 B	752.6%
2016-12-31	HK$79.98 M	81.34%
2015-12-31	HK$44.1 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Franklin Covey FC	HK$0.37 B	-36.21%	🇺🇸 USA
IBM IBM	HK$106.53 B	17,860.41%	🇺🇸 USA
Thomson Reuters TRI	HK$13.87 B	2,239.76%	🇨🇦 Canada

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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Spero Therapeutics (SPRO) - Cash on Hand

Cash on Hand as of September 2024 : HK$0.59 Billion