Incannex Healthcare (IXHL)

Cash on Hand as of March 2024 : HK$72.3 Million

According to Incannex Healthcare's latest financial reports the company has HK$72.3 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.

Incannex Healthcare - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	HK$0.11 B	-17.71%
2022-06-30	HK$0.13 B	248.29%
2021-06-30	HK$39.98 M	203.22%
2020-06-30	HK$13.18 M	3577.09%
2019-06-30	HK$0.35 M	-63.21%
2018-06-30	HK$0.97 M	-59.26%
2017-06-30	HK$2.39 M	84.53%
2016-06-30	HK$1.29 M	44.21%
2015-06-30	HK$0.89 M	-66.99%
2014-06-30	HK$2.72 M	-18.27%
2013-06-30	HK$3.33 M	-26.1%
2012-06-30	HK$4.5 M	-32.4%
2011-06-30	HK$6.67 M	-21.85%
2010-06-30	HK$8.53 M	3136.55%
2009-06-30	HK$0.26 M	-96.73%
2008-06-30	HK$8.07 M	-70.64%
2007-06-30	HK$27.49 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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Incannex Healthcare (IXHL) - Cash on Hand