Race Oncology (RAC.AX) - Cash on Hand

Cash on Hand as of June 2023 : €12.94 M

According to Race Oncology's latest financial reports the company has €12.94 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.

Race Oncology - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	€13.13 M	-40.6%
2022-06-30	€22.12 M	274.95%
2021-06-30	€5.89 M	456.31%
2020-06-30	€1.06 M	73.97%
2019-06-30	€0.6 M	-74.02%
2018-06-30	€2.34 M	105.55%
2017-06-30	€1.14 M
2015-12-31	€2.11 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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