Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : ₹59.02 Billion

According to Globus Medical's latest financial reports the company has ₹59.02 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	₹43.10 B	16.78%
2022-12-31	₹36.91 B	11.83%
2021-12-31	₹33.00 B	5.76%
2020-12-31	₹31.20 B	40.5%
2019-12-31	₹22.21 B	-6.45%
2018-12-31	₹23.74 B	-0.49%
2017-12-31	₹23.86 B	20.95%
2016-12-31	₹19.72 B	5.63%
2015-12-31	₹18.67 B	28.84%
2014-12-31	₹14.49 B	-1.8%
2013-12-31	₹14.76 B	26.92%
2012-12-31	₹11.62 B	54.09%
2011-12-31	₹7.54 B	50.78%
2010-12-31	₹5.00 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	₹6.85 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	₹397.97 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	₹2.55 B	-95.67%	🇺🇸 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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