OPT (Opthea) Beginning Cash Position : $172.47 Mil (As of Dec. 2024)

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What is Opthea Beginning Cash Position?

Opthea's Beginning Cash Position for the quarter that ended in Dec. 2024 was $172.47 Mil.

Opthea's quarterly Beginning Cash Position declined from Dec. 2023 ($89.19 Mil) to Jun. 2024 ($65.41 Mil) but then increased from Jun. 2024 ($65.41 Mil) to Dec. 2024 ($172.47 Mil).

Opthea's annual Beginning Cash Position declined from Jun. 2022 ($118.19 Mil) to Jun. 2023 ($44.63 Mil) but then increased from Jun. 2023 ($44.63 Mil) to Jun. 2024 ($89.19 Mil).

Opthea Beginning Cash Position Historical Data

The historical data trend for Opthea's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Opthea Beginning Cash Position Chart

Opthea Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Beginning Cash Position

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15.12

42.65

118.19

44.63

89.19

Opthea Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Beginning Cash Position	Get a 7-Day Free Trial															44.63	90.45	89.19	65.41	172.47

Opthea Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Opthea Beginning Cash Position Related Terms

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Opthea Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Opthea Ltd (NAS:OPT) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

UKJ:Germany OPT:Australia

Address

650 Chapel Street, Level 4, Suite 0403, South Yarra, VIC, AUS, 3141

Website

https://www.opthea.com

Opthea Ltd operates in one industry being the medical technology and healthcare. It is focused on developing biological therapeutics for eye diseases. The company is developing a novel biologic therapy, OPT-302, for the treatment of eye diseases. Its products are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors C and D and R3 targets. Opthea's development activities are based on an intellectual property portfolio covering key targets Vascular Endothelial Growth Factors VEGF-C, VEGF-D and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. The company geographically operates Australia and United States.