Incannex Healthcare (IXHL)

Cash on Hand as of March 2024 : C$12.79 Million

According to Incannex Healthcare's latest financial reports the company has C$12.79 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 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	C$19.37 M	-15.29%
2022-06-30	C$22.86 M	258.16%
2021-06-30	C$6.38 M	174.77%
2020-06-30	C$2.32 M	3757%
2019-06-30	C$0.06 M	-63.12%
2018-06-30	C$0.16 M	-59%
2017-06-30	C$0.39 M	84.29%
2016-06-30	C$0.21 M	50.15%
2015-06-30	C$0.14 M	-61.58%
2014-06-30	C$0.37 M	-17.08%
2013-06-30	C$0.45 M	-23.64%
2012-06-30	C$0.59 M	-28.63%
2011-06-30	C$0.82 M	-28.8%
2010-06-30	C$1.16 M	2844.95%
2009-06-30	C$0.03 M	-96.25%
2008-06-30	C$1.05 M	-71.69%
2007-06-30	C$3.72 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