Local Bounti (LOCL) - Cash on Hand

Cash on Hand as of September 2024 : $0.31 Million USD

According to Local Bounti's latest financial reports the company has $0.31 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.

Local Bounti - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$10.32 M	-24.44%
2022-12-31	$13.66 M	-85.86%
2021-12-31	$96.66 M	214702.22%
2020-12-31	$0.04 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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