Profound Medical (PROF)

Cash on Hand as of June 2024 : ₹2.87 Billion

According to Profound Medical's latest financial reports the company has ₹2.87 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹2.18 B	-43.31%
2022-12-31	₹3.84 B	-22.99%
2021-12-31	₹4.99 B	-18.55%
2020-12-31	₹6.13 B	659.44%
2019-12-31	₹0.80 B	-30.13%
2018-12-31	₹1.15 B	157.91%
2017-12-31	₹0.44 B	-42.79%
2016-12-31	₹0.78 B	10.63%
2015-12-31	₹0.70 B	781.95%
2014-12-31	₹80.33 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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Profound Medical (PROF) - Cash on Hand