Ra Medical Systems (RMED)

Cash on Hand as of March 2023 : NZ$20.3 Million

According to Ra Medical Systems's latest financial reports the company has NZ$20.3 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.

Ra Medical Systems - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$24.97 M	13.4%
2021-12-31	NZ$22.02 M	-33.52%
2020-12-31	NZ$33.13 M	-27.02%
2019-12-31	NZ$45.4 M	-52.65%
2018-12-31	NZ$95.88 M	726.7%
2017-12-31	NZ$11.59 M	104.89%
2016-12-31	NZ$5.66 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
PAVmed PAVM	NZ$5.15 M	-74.60%	🇺🇸 USA
Philips PHG	NZ$3.72 B	18,265.44%	🇳🇱 Netherlands

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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Ra Medical Systems (RMED) - Cash on Hand

Cash on Hand as of March 2023 : NZ$20.3 Million