Redhill Biopharma (RDHL)

Cash on Hand as of June 2023 : NZ$11.33 M

According to Redhill Biopharma's latest financial reports the company has NZ$11.33 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.

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	-43.28%
2021-12-31	NZ$55.49 M	33.96%
2020-12-31	NZ$41.42 M	-41.63%
2019-12-31	NZ$70.96 M	-10.45%
2018-12-31	NZ$79.25 M	21.82%
2017-12-31	NZ$65.05 M	-31.88%
2016-12-31	NZ$95.5 M	12.3%
2015-12-31	NZ$85.04 M	190.75%
2014-12-31	NZ$29.24 M	98.32%
2013-12-31	NZ$14.74 M	-34.16%
2012-12-31	NZ$22.4 M	-6.24%
2011-12-31	NZ$23.89 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	NZ$11.77 B	103,751.30%	🇫🇷 France
Merck MRK	NZ$18.35 B	161,776.25%	🇺🇸 USA
GlaxoSmithKline GSK	NZ$6.10 B	53,710.09%	🇬🇧 UK
Taro Pharmaceutical TARO	NZ$1.45 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	NZ$3.64 B	32,092.76%	🇮🇱 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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Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : NZ$11.33 M