Ra Medical Systems (RMED)

Cash on Hand as of March 2023 : A$18.48 Million

According to Ra Medical Systems's latest financial reports the company has A$18.48 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.

Ra Medical Systems - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$23.3 M	12.3%
2021-12-31	A$20.75 M	-33.25%
2020-12-31	A$31.08 M	-28.81%
2019-12-31	A$43.67 M	-52.16%
2018-12-31	A$91.29 M	765.29%
2017-12-31	A$10.55 M	93.96%
2016-12-31	A$5.43 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Philips PHG	A$3.39 B	18,265.44%	🇳🇱 Netherlands
PAVmed PAVM	A$4.69 M	-74.60%	🇺🇸 USA

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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Ra Medical Systems (RMED) - Cash on Hand

Cash on Hand as of March 2023 : A$18.48 Million