Sionna Therapeutics (SION)

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

According to Sionna Therapeutics's latest financial reports the company has $0.13 Billion 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.

Sionna Therapeutics - Cash on Hand chart (from 2023 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$38.52 M	-53.37%
2022-12-31	$82.61 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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Sionna Therapeutics (SION) - Cash on Hand