Redhill Biopharma (RDHL) - Net assets

Net assets on the balance sheet as of June 2023 : HK$27.02 Million

According to Redhill Biopharma's latest financial reports the company has HK$27.02 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Redhill Biopharma - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-HK$0.38 Billion	-646.45%
2021-12-31	$HK$69.2 M	-35.61%
2020-12-31	$HK$0.10 B	-77%
2019-12-31	$HK$0.46 B	16.58%
2018-12-31	$HK$0.40 B	13.84%
2017-12-31	$HK$0.35 B	-27.59%
2016-12-31	$HK$0.48 B	4.42%
2015-12-31	$HK$0.46 B	140.02%
2014-12-31	$HK$0.19 B	109.79%
2013-12-31	$HK$92.47 M	-37.27%
2012-12-31	$HK$0.14 B	1.02%
2011-12-31	$HK$0.14 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sanofi SNY	HK$609.22 B	2,254,339.64%	🇫🇷 France
Merck MRK	HK$346.91 B	1,283,679.89%	🇺🇸 USA
GlaxoSmithKline GSK	HK$140.17 B	518,612.19%	🇬🇧 UK
Taro Pharmaceutical TARO	HK$13.85 B	51,155.83%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	HK$49.70 B	183,823.94%	🇮🇱 Israel

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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