Cartesian Therapeutics (RNAC)

Cash on Hand as of September 2024 : ₹18.60 Billion

According to Cartesian Therapeutics's latest financial reports the company has ₹18.60 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.

Cartesian Therapeutics - Cash on Hand chart (from 2015 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹6.40 B	-42.52%
2022-12-31	₹11.13 B	16.86%
2021-12-31	₹9.53 B	-6.03%
2020-12-31	₹10.14 B	58.22%
2019-12-31	₹6.41 B	145.11%
2018-12-31	₹2.61 B	-57.62%
2017-12-31	₹6.17 B	7.92%
2016-12-31	₹5.71 B	135.97%
2015-12-31	₹2.42 B	130.43%
2014-12-31	₹1.05 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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Cartesian Therapeutics (RNAC) - Cash on Hand