Thinkific Labs (THNC.TO)

Cash on Hand as of September 2024 : $50.34 Million USD

According to Thinkific Labs's latest financial reports the company has $50.34 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.

Thinkific Labs - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$86.61 M	-7.71%
2022-12-31	$93.84 M	-25.55%
2021-12-31	$0.12 B	1290.41%
2020-12-31	$9.06 M	145.57%
2019-12-31	$3.69 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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Thinkific Labs (THNC.TO) - Cash on Hand