Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : £5.65 Million

According to Redhill Biopharma's latest financial reports the company has £5.65 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
2022-12-31	£16.51 M	-41.33%
2021-12-31	£28.15 M	28.81%
2020-12-31	£21.85 M	-40.13%
2019-12-31	£36.5 M	-12.87%
2018-12-31	£41.89 M	22.56%
2017-12-31	£34.18 M	-36.23%
2016-12-31	£53.61 M	36.66%
2015-12-31	£39.23 M	166.2%
2014-12-31	£14.73 M	100.69%
2013-12-31	£7.34 M	-35.37%
2012-12-31	£11.36 M	-5.29%
2011-12-31	£11.99 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	£5.87 B	103,751.30%	🇫🇷 France
Merck MRK	£11.76 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	£3.46 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	£0.72 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	£2.67 B	47,219.65%	🇮🇱 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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