Adial Pharmaceuticals (ADIL)

Cash on Hand as of September 2024 : NZ$9.07 Million

According to Adial Pharmaceuticals 's latest financial reports the company has NZ$9.07 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.

Adial Pharmaceuticals - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$6.3 M	-28.98%
2021-12-31	NZ$8.87 M	45.51%
2020-12-31	NZ$6.09 M	-39.38%
2019-12-31	NZ$10.06 M	74.46%
2018-12-31	NZ$5.76 M	22348.92%
2017-12-31	NZ$0.02 M	-79.77%
2016-12-31	NZ$0.12 M	-46.46%
2015-12-31	NZ$0.23 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NRC Health NRC	NZ$6.03 M	-33.50%	🇺🇸 USA
Nymox Pharmaceutical NYMX	NZ$0.23 M	-97.46%	Bahamas

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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Adial Pharmaceuticals (ADIL) - Cash on Hand

Cash on Hand as of September 2024 : NZ$9.07 Million