Sol-Gel Technologies (SLGL)

Cash on Hand as of June 2024 : A$45.7 M

According to Sol-Gel Technologies's latest financial reports the company has A$45.7 M 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.

Sol-Gel Technologies - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$49.41 M	-16.91%
2021-12-31	A$59.47 M	-8.67%
2020-12-31	A$65.11 M	-9.14%
2019-12-31	A$71.66 M	-19.82%
2018-12-31	A$89.37 M	673.25%
2017-12-31	A$11.55 M	19.01%
2016-12-31	A$9.71 M	20.01%
2015-12-31	A$8.09 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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Sol-Gel Technologies (SLGL) - Cash on Hand