Race Oncology (RAC.AX) - Cash on Hand

Cash on Hand as of June 2024 : $11.5 Million USD

According to Race Oncology's latest financial reports the company has $11.5 Million USD 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 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$14.24 M	-38.27%
2022-06-30	$23.07 M	229.47%
2021-06-30	$7 M	488.93%
2020-06-30	$1.18 M	71.31%
2019-06-30	$0.69 M	-74.72%
2018-06-30	$2.74 M	110.61%
2017-06-30	$1.3 M
2015-12-31	$2.31 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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