Mereo BioPharma Group (MREO)

Cash on Hand as of December 2024 : $69.8 Million USD

According to Mereo BioPharma Group's latest financial reports the company has $69.8 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$57.42 M	-30.39%
2022-12-31	$82.48 M	-51.98%
2021-12-31	$0.17 B	294.04%
2020-12-31	$43.59 M	55.11%
2019-12-31	$28.1 M	-36.64%
2018-12-31	$44.36 M	-53.78%
2017-12-31	$95.96 M	17.66%
2016-12-31	$81.56 M	203.33%
2015-12-31	$26.89 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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Mereo BioPharma Group (MREO) - Cash on Hand