Race Oncology (RAC.AX) - Cash on Hand

Cash on Hand as of June 2024 : A$18.38 Million

According to Race Oncology's latest financial reports the company has A$18.38 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.

Race Oncology - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	A$21.52 M	-35.84%
2022-06-30	A$33.54 M	259.79%
2021-06-30	A$9.32 M	438.63%
2020-06-30	A$1.73 M	75.05%
2019-06-30	A$0.98 M	-73.35%
2018-06-30	A$3.7 M	118.64%
2017-06-30	A$1.69 M
2015-12-31	A$3.17 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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