Lantern Pharma (LTRN) - Cash on Hand

Cash on Hand as of December 2024 : NZ$40.23 Million

According to Lantern Pharma's latest financial reports the company has NZ$40.23 Million 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.

Lantern Pharma - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$65.31 M	-24.88%
2022-12-31	NZ$86.93 M	-16.04%
2021-12-31	NZ$0.10 B	288.53%
2020-12-31	NZ$26.65 M	1356.81%
2019-12-31	NZ$1.82 M	175.65%
2018-12-31	NZ$0.66 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.42 B	965.92%	🇺🇸 USA

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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