Incannex Healthcare (IXHL)

Cash on Hand as of March 2024 : ₹0.78 Billion

According to Incannex Healthcare's latest financial reports the company has ₹0.78 Billion 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	₹1.19 B	-14.32%
2022-06-30	₹1.40 B	266.01%
2021-06-30	₹0.38 B	197.06%
2020-06-30	₹0.12 B	3969.89%
2019-06-30	₹3.16 M	-62.78%
2018-06-30	₹8.5 M	-57.2%
2017-06-30	₹19.86 M	76.3%
2016-06-30	₹11.26 M	52.43%
2015-06-30	₹7.39 M	-64.96%
2014-06-30	₹21.09 M	-17.52%
2013-06-30	₹25.57 M	-20.73%
2012-06-30	₹32.26 M	-15.9%
2011-06-30	₹38.36 M	-24.55%
2010-06-30	₹50.85 M	3026.32%
2009-06-30	₹1.62 M	-96.33%
2008-06-30	₹44.37 M	-68.88%
2007-06-30	₹0.14 B

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