Alector (ALEC) - Cash on Hand

Cash on Hand as of September 2024 : A$0.70 Billion

According to Alector 's latest financial reports the company has A$0.70 Billion 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	A$0.80 B	-23.09%
2022-12-31	A$1.04 B	3.29%
2021-12-31	A$1.01 B	88.68%
2020-12-31	A$0.53 B	6.59%
2019-12-31	A$0.50 B	22.33%
2018-12-31	A$0.41 B	891.75%
2017-12-31	A$41.56 M	-41.06%
2016-12-31	A$70.52 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	A$0.44 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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