Adial Pharmaceuticals (ADIL)

Cash on Hand as of September 2024 : A$8.22 Million

According to Adial Pharmaceuticals 's latest financial reports the company has A$8.22 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.

Adial Pharmaceuticals - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$5.88 M	-29.67%
2021-12-31	A$8.36 M	46.09%
2020-12-31	A$5.72 M	-40.87%
2019-12-31	A$9.67 M	76.25%
2018-12-31	A$5.49 M	23396.79%
2017-12-31	A$0.02 M	-80.85%
2016-12-31	A$0.12 M	-45.23%
2015-12-31	A$0.22 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NRC Health NRC	A$5.47 M	-33.50%	🇺🇸 USA
Nymox Pharmaceutical NYMX	A$0.2 M	-97.46%	Bahamas

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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Adial Pharmaceuticals (ADIL) - Cash on Hand

Cash on Hand as of September 2024 : A$8.22 Million