Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : £0.55 Billion

According to Globus Medical's latest financial reports the company has £0.55 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	£0.40 B	10.23%
2022-12-31	£0.36 B	12.23%
2021-12-31	£0.32 B	4.93%
2020-12-31	£0.31 B	31.8%
2019-12-31	£0.23 B	-11.21%
2018-12-31	£0.26 B	-3.25%
2017-12-31	£0.27 B	17.52%
2016-12-31	£0.23 B	24.07%
2015-12-31	£0.18 B	29.1%
2014-12-31	£0.14 B	1.42%
2013-12-31	£0.14 B	10.22%
2012-12-31	£0.13 B	43.17%
2011-12-31	£91.78 M	26.85%
2010-12-31	£72.35 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	£64.49 M	-88.38%	🇺🇸 USA
Stryker Corporation SYK	£3.74 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	£21.06 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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