Orchestra BioMed (OBIO)

Cash on Hand as of September 2024 : $66.92 Million USD

According to Orchestra BioMed 's latest financial reports the company has $66.92 Million USD 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.

Orchestra BioMed - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$87.59 M	4.55%
2022-12-31	$83.78 M	668.95%
2021-12-31	$10.89 M	-69.56%
2020-12-31	$35.79 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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Orchestra BioMed (OBIO) - Cash on Hand