Redhill Biopharma (RDHL)

Cash on Hand as of June 2023 : €6.32 M

According to Redhill Biopharma's latest financial reports the company has €6.32 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€18.62 M	-44.23%
2021-12-31	€33.4 M	37.06%
2020-12-31	€24.37 M	-42.83%
2019-12-31	€42.63 M	-8.17%
2018-12-31	€46.42 M	20.56%
2017-12-31	€38.5 M	-38.77%
2016-12-31	€62.89 M	18.1%
2015-12-31	€53.25 M	182.53%
2014-12-31	€18.84 M	114.98%
2013-12-31	€8.76 M	-36.9%
2012-12-31	€13.89 M	-3.23%
2011-12-31	€14.35 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	€6.57 B	103,751.30%	🇫🇷 France
Merck MRK	€10.24 B	161,776.25%	🇺🇸 USA
GlaxoSmithKline GSK	€3.40 B	53,710.09%	🇬🇧 UK
Taro Pharmaceutical TARO	€0.81 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	€2.03 B	32,092.76%	🇮🇱 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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Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : €6.32 M