Thinkific Labs (THNC.TO)

Cash on Hand as of December 2024 : HK$0.38 Billion

According to Thinkific Labs's latest financial reports the company has HK$0.38 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.

Thinkific Labs - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	HK$0.38 B	-43.2%
2023-12-31	HK$0.67 B	-7.75%
2022-12-31	HK$0.73 B	-25.4%
2021-12-31	HK$0.98 B	1298.55%
2020-12-31	HK$70.28 M	144.43%
2019-12-31	HK$28.75 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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Thinkific Labs (THNC.TO) - Cash on Hand