Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : HK$54.6 Million

According to Redhill Biopharma's latest financial reports the company has HK$54.6 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	HK$0.15 B	-47.31%
2021-12-31	HK$0.29 B	28.31%
2020-12-31	HK$0.23 B	-38.05%
2019-12-31	HK$0.37 B	-10.48%
2018-12-31	HK$0.41 B	15.37%
2017-12-31	HK$0.36 B	-29.63%
2016-12-31	HK$0.51 B	13.84%
2015-12-31	HK$0.45 B	153.19%
2014-12-31	HK$0.17 B	89.48%
2013-12-31	HK$93.92 M	-34.02%
2012-12-31	HK$0.14 B	-1.71%
2011-12-31	HK$0.14 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	HK$56.70 B	103,751.30%	🇫🇷 France
Merck MRK	HK$113.61 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	HK$33.46 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	HK$7.02 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	HK$25.83 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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