Incannex Healthcare (IXHL)

Cash on Hand as of March 2024 : A$13.95 Million

According to Incannex Healthcare's latest financial reports the company has A$13.95 Million 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.

Incannex Healthcare - Cash on Hand chart (from 2007 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$22.08 M	-14.39%
2022-06-30	A$25.79 M	276.33%
2021-06-30	A$6.85 M	176.86%
2020-06-30	A$2.47 M	3687.96%
2019-06-30	A$0.06 M	-61.04%
2018-06-30	A$0.16 M	-57.95%
2017-06-30	A$0.39 M	78.32%
2016-06-30	A$0.22 M	48%
2015-06-30	A$0.15 M	-59.48%
2014-06-30	A$0.37 M	-20.62%
2013-06-30	A$0.47 M	-17.18%
2012-06-30	A$0.56 M	-29.21%
2011-06-30	A$0.8 M	-38.46%
2010-06-30	A$1.3 M	2986.21%
2009-06-30	A$0.04 M	-96.09%
2008-06-30	A$1.08 M	-73.98%
2007-06-30	A$4.15 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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Incannex Healthcare (IXHL) - Cash on Hand