Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : €0.65 Billion

According to Globus Medical's latest financial reports the company has €0.65 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	€0.46 B	12.64%
2022-12-31	€0.41 B	6.2%
2021-12-31	€0.39 B	12.86%
2020-12-31	€0.34 B	24.78%
2019-12-31	€0.27 B	-6.33%
2018-12-31	€0.29 B	-4.69%
2017-12-31	€0.31 B	12.85%
2016-12-31	€0.27 B	7.38%
2015-12-31	€0.25 B	36.68%
2014-12-31	€0.18 B	8.69%
2013-12-31	€0.17 B	7.74%
2012-12-31	€0.16 B	46.16%
2011-12-31	€0.10 B	30.82%
2010-12-31	€83.97 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	€76.02 M	-88.38%	🇺🇸 USA
Stryker Corporation SYK	€4.41 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	€24.83 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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