Rein Therapeutics (RNTX)

Cash on Hand as of September 2024 : £13.27 Million

According to Rein Therapeutics's latest financial reports the company has £13.27 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.

Rein Therapeutics - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£13.58 M	-22.6%
2022-12-31	£17.55 M	-48.4%
2021-12-31	£34.02 M	235.99%
2020-12-31	£10.12 M	-27.34%
2019-12-31	£13.93 M	-14.5%
2018-12-31	£16.3 M	-56.58%
2017-12-31	£37.55 M	123.68%
2016-12-31	£16.78 M	560.26%
2015-12-31	£2.54 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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Rein Therapeutics (RNTX) - Cash on Hand