Redhill Biopharma (RDHL)

Cash on Hand as of June 2023 : £5.34 M

According to Redhill Biopharma's latest financial reports the company has £5.34 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	£16.51 M	-41.18%
2021-12-31	£28.08 M	28.67%
2020-12-31	£21.82 M	-39.5%
2019-12-31	£36.07 M	-13.46%
2018-12-31	£41.68 M	21.92%
2017-12-31	£34.18 M	-36.23%
2016-12-31	£53.61 M	36.8%
2015-12-31	£39.19 M	165.89%
2014-12-31	£14.73 M	100.96%
2013-12-31	£7.33 M	-35.42%
2012-12-31	£11.35 M	-5.33%
2011-12-31	£11.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	£5.55 B	103,751.30%	🇫🇷 France
Merck MRK	£8.65 B	161,776.25%	🇺🇸 USA
GlaxoSmithKline GSK	£2.87 B	53,710.09%	🇬🇧 UK
Taro Pharmaceutical TARO	£0.68 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	£1.72 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 : £5.34 M