Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : HK$5.40 Billion

According to Globus Medical's latest financial reports the company has HK$5.40 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	HK$4.04 B	16.03%
2022-12-31	HK$3.48 B	0.79%
2021-12-31	HK$3.45 B	4.52%
2020-12-31	HK$3.30 B	36.37%
2019-12-31	HK$2.42 B	-8.78%
2018-12-31	HK$2.65 B	-8.92%
2017-12-31	HK$2.91 B	29.7%
2016-12-31	HK$2.25 B	3.35%
2015-12-31	HK$2.17 B	22.79%
2014-12-31	HK$1.77 B	-4.25%
2013-12-31	HK$1.85 B	12.53%
2012-12-31	HK$1.64 B	48.58%
2011-12-31	HK$1.10 B	27.47%
2010-12-31	HK$0.86 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	HK$0.62 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	HK$36.45 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	HK$0.20 B	-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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