Allegro MicroSystems (ALGM)

Cash on Hand as of June 2024 : C$0.23 B

According to Allegro MicroSystems's latest financial reports the company has C$0.23 B 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.

Allegro MicroSystems - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	C$0.47 B	34.87%
2022-03-31	C$0.35 B	42.2%
2021-03-31	C$0.24 B	-18.57%
2020-03-31	C$0.30 B	128.73%
2019-03-31	C$0.13 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Photronics PLAB	C$0.82 B	250.23%	🇺🇸 USA
Power Integrations POWI	C$0.39 B	67.77%	🇺🇸 USA
PDF Solutions PDFS	C$0.15 B	-31.92%	🇺🇸 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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Allegro MicroSystems (ALGM) - Cash on Hand

Cash on Hand as of June 2024 : C$0.23 B