Mereo BioPharma Group (MREO)

Cash on Hand as of September 2024 : NZ$0.14 Billion

According to Mereo BioPharma Group's latest financial reports the company has NZ$0.14 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.10 B	-42.4%
2021-12-31	NZ$0.18 B	320.32%
2020-12-31	NZ$44.33 M	39.29%
2019-12-31	NZ$31.82 M	-38.93%
2018-12-31	NZ$52.12 M	-47.88%
2017-12-31	NZ$99.99 M	4.77%
2016-12-31	NZ$95.43 M	259.88%
2015-12-31	NZ$26.51 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