Virax Biolabs (VRAX) - Cash on Hand

Cash on Hand as of March 2024 : $3.58 Million USD

According to Virax Biolabs's latest financial reports the company has $3.58 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.

Virax Biolabs - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	$9.35 M	42888.32%
2022-03-31	$0.02 M	23.47%
2021-03-31	$0.01 M	-22.06%
2020-03-31	$0.02 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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