Philip Morris (PM) - Cash on Hand

Cash on Hand as of September 2024 : £3.37 Billion

According to Philip Morris's latest financial reports the company has £3.37 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	£2.40 B	-9.39%
2022-12-31	£2.65 B	-20.41%
2021-12-31	£3.33 B	-37.64%
2020-12-31	£5.34 B	2.08%
2019-12-31	£5.23 B	0.74%
2018-12-31	£5.19 B	-16.9%
2017-12-31	£6.25 B	81.93%
2016-12-31	£3.43 B	48.99%
2015-12-31	£2.30 B	113.43%
2014-12-31	£1.08 B	-17.27%
2013-12-31	£1.30 B	-29.25%
2012-12-31	£1.84 B	12.49%
2011-12-31	£1.64 B	48.72%
2010-12-31	£1.10 B	15.92%
2009-12-31	£0.95 B	-8.9%
2008-12-31	£1.04 B	38.26%
2007-12-31	£0.75 B	-11.7%
2006-12-31	£0.85 B	22.04%
2005-12-31	£0.70 B
2003-12-31	£1.76 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Altria Group MO	£1.50 B	-55.45%	🇺🇸 USA
British American Tobacco BTI	£2.98 B	-11.32%	🇬🇧 UK
Vector Group VGR	£0.42 B	-87.51%	🇺🇸 USA
22nd Century Group XXII	£1.01 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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