Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : C$0.97 Billion

According to Globus Medical's latest financial reports the company has C$0.97 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	C$0.68 B	13.46%
2022-12-31	C$0.60 B	7.1%
2021-12-31	C$0.56 B	3.86%
2020-12-31	C$0.54 B	33.75%
2019-12-31	C$0.40 B	-12.05%
2018-12-31	C$0.46 B	-1.55%
2017-12-31	C$0.46 B	20.43%
2016-12-31	C$0.39 B	0.07%
2015-12-31	C$0.38 B	46.89%
2014-12-31	C$0.26 B	4.35%
2013-12-31	C$0.25 B	20.42%
2012-12-31	C$0.21 B	45.54%
2011-12-31	C$0.14 B	29.97%
2010-12-31	C$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	C$0.11 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	C$6.55 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	C$36.87 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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