Profound Medical (PROF)

Cash on Hand as of June 2024 : NZ$58.43 Million

According to Profound Medical's latest financial reports the company has NZ$58.43 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.

Profound Medical - Cash on Hand chart (from 2020 to 2020)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$41.45 M	-43.43%
2022-12-31	NZ$73.26 M	-25.48%
2021-12-31	NZ$98.31 M	-15.46%
2020-12-31	NZ$0.11 B	591.18%
2019-12-31	NZ$16.82 M	-31.76%
2018-12-31	NZ$24.65 M	149.35%
2017-12-31	NZ$9.88 M	-40.61%
2016-12-31	NZ$16.65 M	6.89%
2015-12-31	NZ$15.57 M	862.9%
2014-12-31	NZ$1.61 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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Profound Medical (PROF) - Cash on Hand