Alector (ALEC) - Cash on Hand

Cash on Hand as of September 2024 : $0.45 Billion USD

According to Alector 's latest financial reports the company has $0.45 Billion 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.

Alector - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.54 B	-23%
2022-12-31	$0.71 B	-3.05%
2021-12-31	$0.73 B	77.89%
2020-12-31	$0.41 B	17.06%
2019-12-31	$0.35 B	21.58%
2018-12-31	$0.29 B	794.91%
2017-12-31	$32.45 M	-36.17%
2016-12-31	$50.83 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	$0.28 B	-37.36%	🇺🇸 USA

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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