Philip Morris (PM) - Cash on Hand

Cash on Hand as of September 2024 : C$5.93 Billion

According to Philip Morris's latest financial reports the company has C$5.93 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.

Philip Morris - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$4.05 B	-6.74%
2022-12-31	C$4.35 B	-24.05%
2021-12-31	C$5.72 B	-38.27%
2020-12-31	C$9.28 B	3.59%
2019-12-31	C$8.96 B	-0.22%
2018-12-31	C$8.98 B	-15.43%
2017-12-31	C$10.61 B	86.43%
2016-12-31	C$5.69 B	20.18%
2015-12-31	C$4.74 B	142.84%
2014-12-31	C$1.95 B	-14.87%
2013-12-31	C$2.29 B	-22.7%
2012-12-31	C$2.96 B	14.36%
2011-12-31	C$2.59 B	52.37%
2010-12-31	C$1.70 B	5.06%
2009-12-31	C$1.62 B	-12.95%
2008-12-31	C$1.86 B	24.32%
2007-12-31	C$1.49 B	-23.26%
2006-12-31	C$1.95 B	38.63%
2005-12-31	C$1.40 B
2003-12-31	C$4.10 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Altria Group MO	C$2.64 B	-55.45%	🇺🇸 USA
British American Tobacco BTI	C$5.26 B	-11.32%	🇬🇧 UK
Vector Group VGR	C$0.74 B	-87.51%	🇺🇸 USA
22nd Century Group XXII	C$1.78 M	-99.97%	🇺🇸 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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