Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of December 2023 : C$8.03 Million

According to Redhill Biopharma's latest financial reports the company has C$8.03 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
2023-12-31	C$7.38 M	-72.76%
2022-12-31	C$27.11 M	-44.01%
2021-12-31	C$48.43 M	27.5%
2020-12-31	C$37.98 M	-39.24%
2019-12-31	C$62.52 M	-13.7%
2018-12-31	C$72.44 M	24.72%
2017-12-31	C$58.09 M	-34.66%
2016-12-31	C$88.9 M	10.23%
2015-12-31	C$80.64 M	202.88%
2014-12-31	C$26.62 M	106.5%
2013-12-31	C$12.89 M	-29.39%
2012-12-31	C$18.26 M	-3.72%
2011-12-31	C$18.96 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	C$11.90 B	148,022.82%	🇫🇷 France
Merck MRK	C$19.75 B	245,707.15%	🇺🇸 USA
GlaxoSmithKline GSK	C$6.72 B	83,590.61%	🇬🇧 UK
Taro Pharmaceutical TARO	C$1.30 B	16,100.68%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	C$4.76 B	59,156.60%	🇮🇱 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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