Ra Medical Systems (RMED)

Cash on Hand as of March 2023 : HK$95.06 Million

According to Ra Medical Systems's latest financial reports the company has HK$95.06 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.

Ra Medical Systems - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.12 B	5.62%
2021-12-31	HK$0.11 B	-36.7%
2020-12-31	HK$0.18 B	-22.18%
2019-12-31	HK$0.23 B	-52.72%
2018-12-31	HK$0.50 B	682.6%
2017-12-31	HK$64.35 M	111.66%
2016-12-31	HK$30.4 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Philips PHG	HK$17.45 B	18,265.44%	🇳🇱 Netherlands
PAVmed PAVM	HK$24.14 M	-74.60%	🇺🇸 USA

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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Ra Medical Systems (RMED) - Cash on Hand

Cash on Hand as of March 2023 : HK$95.06 Million