Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : €6.68 Million

According to Redhill Biopharma's latest financial reports the company has €6.68 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	€18.62 M	-44.49%
2021-12-31	€33.55 M	38.54%
2020-12-31	€24.22 M	-43.32%
2019-12-31	€42.73 M	-8.08%
2018-12-31	€46.49 M	20.73%
2017-12-31	€38.5 M	-38.77%
2016-12-31	€62.89 M	18.28%
2015-12-31	€53.17 M	181.84%
2014-12-31	€18.86 M	115.09%
2013-12-31	€8.77 M	-36.82%
2012-12-31	€13.88 M	-3.31%
2011-12-31	€14.35 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	€6.94 B	103,751.30%	🇫🇷 France
Merck MRK	€13.91 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	€4.09 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	€0.86 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	€3.16 B	47,219.65%	🇮🇱 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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