Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of December 2023 : ₹0.48 Billion

According to Redhill Biopharma's latest financial reports the company has ₹0.48 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.

Redhill Biopharma - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹0.46 B	-71.96%
2022-12-31	₹1.65 B	-41.54%
2021-12-31	₹2.82 B	29.82%
2020-12-31	₹2.17 B	-36.17%
2019-12-31	₹3.41 B	-8.2%
2018-12-31	₹3.71 B	26.05%
2017-12-31	₹2.95 B	-34.37%
2016-12-31	₹4.49 B	16.36%
2015-12-31	₹3.86 B	165.68%
2014-12-31	₹1.45 B	94.32%
2013-12-31	₹0.74 B	-25.58%
2012-12-31	₹1.00 B	1.94%
2011-12-31	₹0.98 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	₹716.65 B	148,022.82%	🇫🇷 France
Merck MRK	₹1.189 T	245,707.15%	🇺🇸 USA
GlaxoSmithKline GSK	₹404.91 B	83,590.61%	🇬🇧 UK
Taro Pharmaceutical TARO	₹78.38 B	16,100.68%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	₹286.69 B	59,156.60%	🇮🇱 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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