Incannex Healthcare (IXHL)

Cash on Hand as of June 2024 : $5.85 Million USD

According to Incannex Healthcare's latest financial reports the company has $5.85 Million USD 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.

Incannex Healthcare - Cash on Hand chart (from 2023 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	$14.61 M	-17.64%
2022-06-30	$17.74 M	244.62%
2021-06-30	$5.15 M	202.71%
2020-06-30	$1.7 M	3607%
2019-06-30	$0.04 M	-63.05%
2018-06-30	$0.12 M	-59.49%
2017-06-30	$0.3 M	83.46%
2016-06-30	$0.16 M	44.08%
2015-06-30	$0.11 M	-66.99%
2014-06-30	$0.35 M	-18.21%
2013-06-30	$0.42 M	-26.09%
2012-06-30	$0.58 M	-32.19%
2011-06-30	$0.85 M	-21.79%
2010-06-30	$1.09 M	3120.71%
2009-06-30	$0.03 M	-96.71%
2008-06-30	$1.03 M	-70.56%
2007-06-30	$3.51 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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Incannex Healthcare (IXHL) - Cash on Hand