Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : NZ$11.95 Million

According to Redhill Biopharma's latest financial reports the company has NZ$11.95 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.

Redhill Biopharma - Cash on Hand chart (from 2011 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$31.47 M	-43.43%
2021-12-31	NZ$55.63 M	34.75%
2020-12-31	NZ$41.29 M	-41.91%
2019-12-31	NZ$71.08 M	-10.35%
2018-12-31	NZ$79.28 M	21.87%
2017-12-31	NZ$65.05 M	-31.88%
2016-12-31	NZ$95.5 M	12.43%
2015-12-31	NZ$84.94 M	190.07%
2014-12-31	NZ$29.28 M	98.67%
2013-12-31	NZ$14.74 M	-33.97%
2012-12-31	NZ$22.32 M	-6.56%
2011-12-31	NZ$23.89 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	NZ$12.41 B	103,751.30%	🇫🇷 France
Merck MRK	NZ$24.86 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	NZ$7.32 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	NZ$1.53 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	NZ$5.65 B	47,219.65%	🇮🇱 Israel

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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