Acumen Pharmaceuticals (ABOS)

Cash on Hand as of June 2024 : NZ$0.44 Billion

According to Acumen Pharmaceuticals's latest financial reports the company has NZ$0.44 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.

Acumen Pharmaceuticals - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.27 B	-1.63%
2021-12-31	NZ$0.28 B	368.7%
2020-12-31	NZ$60.67 M	523.64%
2019-12-31	NZ$9.72 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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Acumen Pharmaceuticals (ABOS) - Cash on Hand