Rani Therapeutics (RANI)

Cash on Hand as of June 2024 : NZ$51.74 Million

According to Rani Therapeutics's latest financial reports the company has NZ$51.74 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.

Rani Therapeutics - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$0.15 B	-9.79%
2021-12-31	NZ$0.17 B	69.83%
2020-12-31	NZ$0.10 B	312.38%
2019-12-31	NZ$24.55 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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Rani Therapeutics (RANI) - Cash on Hand