Regencell Bioscience (RGC)

Cash on Hand as of June 2023 : NZ$19.38 Million

According to Regencell Bioscience's latest financial reports the company has NZ$19.38 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.

Regencell Bioscience - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$19.06 M	-27.72%
2022-06-30	NZ$26.37 M	30926.35%
2021-06-30	NZ$0.08 M	-85.88%
2020-06-30	NZ$0.6 M	66.34%
2019-06-30	NZ$0.36 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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Regencell Bioscience (RGC) - Cash on Hand