Allegro MicroSystems (ALGM)

Cash on Hand as of September 2024 : HK$1.46 Billion

According to Allegro MicroSystems's latest financial reports the company has HK$1.46 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.

Allegro MicroSystems - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	HK$2.75 B	24.86%
2022-03-31	HK$2.21 B	44.14%
2021-03-31	HK$1.53 B	-7.8%
2020-03-31	HK$1.66 B	112.4%
2019-03-31	HK$0.78 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Photronics PLAB	HK$4.71 B	221.26%	🇺🇸 USA
Power Integrations POWI	HK$2.36 B	60.93%	🇺🇸 USA
PDF Solutions PDFS	HK$0.93 B	-36.34%	🇺🇸 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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Allegro MicroSystems (ALGM) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.46 Billion