Minerva Surgical (UTRS)

Cash on Hand as of September 2023 : NZ$18.96 Million

According to Minerva Surgical's latest financial reports the company has NZ$18.96 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.

Minerva Surgical - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$10.93 M	-81.61%
2021-12-31	NZ$59.45 M	147.12%
2020-12-31	NZ$24.05 M	-40.18%
2019-12-31	NZ$40.21 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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Minerva Surgical (UTRS) - Cash on Hand