Quoin Pharmaceuticals (QNRX)

Cash on Hand as of June 2024 : NZ$20.31 M

According to Quoin Pharmaceuticals's latest financial reports the company has NZ$20.31 M 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.

Quoin Pharmaceuticals - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$20.24 M	85.29%
2021-12-31	NZ$10.92 M	2326.62%
2020-12-31	NZ$0.45 M

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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Quoin Pharmaceuticals (QNRX) - Cash on Hand