Lipella Pharmaceuticals (LIPO)

Cash on Hand as of June 2024 : $1.18 Million USD

According to Lipella Pharmaceuticals's latest financial reports the company has $1.18 Million USD 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.

Lipella Pharmaceuticals - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$3.29 M	-35.69%
2022-12-31	$5.12 M	198.75%
2021-12-31	$1.71 M	182.56%
2020-12-31	$0.6 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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Lipella Pharmaceuticals (LIPO) - Cash on Hand