Altair Engineering (ALTR) - Cash on Hand

Cash on Hand as of September 2024 : A$0.78 Billion

According to Altair Engineering 's latest financial reports the company has A$0.78 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.

Altair Engineering - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.68 B	47.69%
2022-12-31	A$0.46 B	-18.59%
2021-12-31	A$0.57 B	81.92%
2020-12-31	A$0.31 B	-1.56%
2019-12-31	A$0.31 B	535.16%
2018-12-31	A$50.17 M	-0.11%
2017-12-31	A$50.22 M	114.56%
2016-12-31	A$23.4 M	23.97%
2015-12-31	A$18.88 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Xilinx XLNX	N/A	N/A	🇺🇸 USA
Texas Instruments TXN	A$13.40 B	1,604.81%	🇺🇸 USA
Maxim Integrated MXIM	N/A	N/A	🇺🇸 USA
Intel INTC	A$36.89 B	4,591.73%	🇺🇸 USA
Quicklogic QUIK	A$35.64 M	-95.47%	🇺🇸 USA
IBM IBM	A$20.98 B	2,569.02%	🇺🇸 USA
Lattice Semiconductor LSCC	A$0.19 B	-75.79%	🇺🇸 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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