Adial Pharmaceuticals (ADIL)

Cash on Hand as of September 2024 : C$7.44 Million

According to Adial Pharmaceuticals 's latest financial reports the company has C$7.44 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	C$5.43 M	-29.71%
2021-12-31	C$7.72 M	37.67%
2020-12-31	C$5.61 M	-36.6%
2019-12-31	C$8.85 M	67.94%
2018-12-31	C$5.27 M	22872.46%
2017-12-31	C$0.02 M	-80.6%
2016-12-31	C$0.11 M	-47.5%
2015-12-31	C$0.22 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NRC Health NRC	C$4.95 M	-33.50%	🇺🇸 USA
Nymox Pharmaceutical NYMX	C$0.18 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 : C$7.44 Million