Race Oncology (RAC.AX) - Cash on Hand

Cash on Hand as of June 2023 : NZ$23.18 M

According to Race Oncology's latest financial reports the company has NZ$23.18 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.

Race Oncology - Cash on Hand chart (from 2017 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$23.38 M	-36.94%
2022-06-30	NZ$37.08 M	270.4%
2021-06-30	NZ$10.01 M	441.07%
2020-06-30	NZ$1.85 M	79.15%
2019-06-30	NZ$1.03 M	-74.53%
2018-06-30	NZ$4.05 M	127.91%
2017-06-30	NZ$1.77 M
2015-12-31	NZ$3.38 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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