Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : A$10.85 Million

According to Redhill Biopharma's latest financial reports the company has A$10.85 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.

Redhill Biopharma - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$29.36 M	-43.98%
2021-12-31	A$52.42 M	35.29%
2020-12-31	A$38.74 M	-43.33%
2019-12-31	A$68.37 M	-9.43%
2018-12-31	A$75.49 M	27.56%
2017-12-31	A$59.18 M	-35.51%
2016-12-31	A$91.77 M	15%
2015-12-31	A$79.8 M	184.65%
2014-12-31	A$28.03 M	106.46%
2013-12-31	A$13.57 M	-23.16%
2012-12-31	A$17.67 M	-2.83%
2011-12-31	A$18.18 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	A$11.27 B	103,751.30%	🇫🇷 France
Merck MRK	A$22.57 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	A$6.65 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	A$1.39 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	A$5.13 B	47,219.65%	🇮🇱 Israel

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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