Redhill Biopharma (RDHL) - Cash on Hand

Cash on Hand as of June 2023 : $7.01 Million USD

According to Redhill Biopharma's latest financial reports the company has $7.01 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	$19.98 M	-47.42%
2021-12-31	$38 M	27.56%
2020-12-31	$29.79 M	-37.77%
2019-12-31	$47.87 M	-9.99%
2018-12-31	$53.18 M	15.11%
2017-12-31	$46.2 M	-30.16%
2016-12-31	$66.15 M	13.79%
2015-12-31	$58.13 M	153.38%
2014-12-31	$22.94 M	89.42%
2013-12-31	$12.11 M	-34.04%
2012-12-31	$18.36 M	-1.51%
2011-12-31	$18.64 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Sanofi SNY	$7.28 B	103,751.30%	🇫🇷 France
Merck MRK	$14.59 B	207,955.32%	🇺🇸 USA
GlaxoSmithKline GSK	$4.29 B	61,187.71%	🇬🇧 UK
Taro Pharmaceutical TARO	$0.90 B	12,763.07%	🇮🇱 Israel
Teva Pharmaceutical Industries TEVA	$3.31 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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