Redhill Biopharma (RDHL) - Net assets

Net assets on the balance sheet as of June 2023 : £2.69 Million

According to Redhill Biopharma's latest financial reports the company has £2.69 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Redhill Biopharma - Net assets on balance sheet (from 2011 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$-£40.01 Million	-708.48%
2021-12-31	$£6.57 M	-35.36%
2020-12-31	$£10.17 M	-77.77%
2019-12-31	$£45.75 M	13.47%
2018-12-31	$£40.32 M	20.93%
2017-12-31	$£33.34 M	-34.38%
2016-12-31	$£50.81 M	25.35%
2015-12-31	$£40.53 M	152.36%
2014-12-31	$£16.06 M	122.21%
2013-12-31	$£7.22 M	-38.56%
2012-12-31	$£11.76 M	-2.65%
2011-12-31	$£12.08 M

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Sanofi SNY	£62.87 B	2,334,074.59%	🇫🇷 France
Merck MRK	£34.58 B	1,283,679.89%	🇺🇸 USA
GlaxoSmithKline GSK	£13.97 B	518,612.19%	🇬🇧 UK
Taro Pharmaceutical TARO	£1.38 B	51,155.83%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	£4.43 B	164,694.01%	🇮🇱 Israel

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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