Mereo BioPharma Group (MREO)

Cash on Hand as of September 2024 : ₹6.83 Billion

According to Mereo BioPharma Group's latest financial reports the company has ₹6.83 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.

Mereo BioPharma Group - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	₹5.63 B	-40.47%
2021-12-31	₹9.47 B	304.95%
2020-12-31	₹2.33 B	53.05%
2019-12-31	₹1.52 B	-37.47%
2018-12-31	₹2.44 B	-46.09%
2017-12-31	₹4.53 B	0.93%
2016-12-31	₹4.49 B	272.45%
2015-12-31	₹1.20 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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Mereo BioPharma Group (MREO) - Cash on Hand