Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of December 2023 : $5.56 Million USD

According to Redhill Biopharma's latest financial reports the company has $5.56 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$5.56 M	-72.13%
2022-12-31	$19.98 M	-47.42%
2021-12-31	$38 M	27.56%
2020-12-31	$29.79 M	-37.77%
2019-12-31	$47.87 M	-9.99%
2018-12-31	$53.18 M	15.11%
2017-12-31	$46.2 M	-30.16%
2016-12-31	$66.15 M	13.79%
2015-12-31	$58.13 M	153.38%
2014-12-31	$22.94 M	89.42%
2013-12-31	$12.11 M	-34.04%
2012-12-31	$18.36 M	-1.51%
2011-12-31	$18.64 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	$8.24 B	148,022.82%	🇫🇷 France
Merck MRK	$13.68 B	245,707.15%	🇺🇸 USA
GlaxoSmithKline GSK	$4.66 B	83,590.61%	🇬🇧 UK
Taro Pharmaceutical TARO	$0.90 B	16,100.68%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	$3.30 B	59,156.60%	🇮🇱 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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