Algoma Central Corporation (ALC.TO) - Cash on Hand

Cash on Hand as of September 2024 : C$30.79 Million

According to Algoma Central Corporation's latest financial reports the company has C$30.79 Million 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.

Algoma Central Corporation - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$32.83 M	-76.87%
2022-12-31	C$0.14 B	30.32%
2021-12-31	C$0.10 B	4.84%
2020-12-31	C$0.10 B	450.81%
2019-12-31	C$18.86 M	-26.13%
2018-12-31	C$25.53 M	-62.91%
2017-12-31	C$68.86 M	-47.05%
2016-12-31	C$0.13 B	-38.24%
2015-12-31	C$0.21 B	-18.04%
2014-12-31	C$0.25 B	18.9%
2013-12-31	C$0.21 B	73.55%
2012-12-31	C$0.12 B	-2.23%
2011-12-31	C$0.12 B	179.62%
2010-12-31	C$45.53 M	274.61%
2009-12-31	C$12.15 M	3.02%
2008-12-31	C$11.8 M	-58.05%
2007-12-31	C$28.13 M	-49.08%
2006-12-31	C$55.24 M	6.79%
2005-12-31	C$51.73 M	23.5%
2004-12-31	C$41.88 M	-32.78%
2003-12-31	C$62.31 M	19.51%
2002-12-31	C$52.14 M	29.21%
2001-12-31	C$40.35 M	709.83%
2000-12-31	C$4.98 M	6.02%
1999-12-31	C$4.7 M	-27.69%
1998-12-31	C$6.5 M	-87.15%
1997-12-31	C$50.6 M	912%
1996-12-31	C$5 M

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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