Spero Therapeutics (SPRO)

Cash on Hand as of September 2024 : NZ$0.13 Billion

According to Spero Therapeutics's latest financial reports the company has NZ$0.13 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.

Spero Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.12 B	-29.76%
2022-12-31	NZ$0.17 B	-19.82%
2021-12-31	NZ$0.21 B	21.86%
2020-12-31	NZ$0.17 B	44.38%
2019-12-31	NZ$0.12 B	-29.22%
2018-12-31	NZ$0.17 B	40.03%
2017-12-31	NZ$0.12 B	725.36%
2016-12-31	NZ$14.89 M	79.09%
2015-12-31	NZ$8.31 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Franklin Covey FC	NZ$85.97 M	-36.21%	🇺🇸 USA
IBM IBM	NZ$24.20 B	17,860.41%	🇺🇸 USA
Thomson Reuters TRI	NZ$3.15 B	2,239.76%	🇨🇦 Canada

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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Spero Therapeutics (SPRO) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.13 Billion