Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : A$1.06 Billion

According to Globus Medical's latest financial reports the company has A$1.06 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.

Globus Medical - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.76 B	15.95%
2022-12-31	A$0.65 B	7.16%
2021-12-31	A$0.61 B	10.21%
2020-12-31	A$0.55 B	24.74%
2019-12-31	A$0.44 B	-7.71%
2018-12-31	A$0.48 B	0.7%
2017-12-31	A$0.47 B	18.85%
2016-12-31	A$0.40 B	4.4%
2015-12-31	A$0.38 B	38.04%
2014-12-31	A$0.27 B	4.33%
2013-12-31	A$0.26 B	31.05%
2012-12-31	A$0.20 B	46.89%
2011-12-31	A$0.13 B	26.53%
2010-12-31	A$0.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	A$0.12 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	A$7.20 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	A$40.57 M	-96.20%	🇺🇸 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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