Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : NZ$1.19 Billion

According to Globus Medical's latest financial reports the company has NZ$1.19 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	NZ$0.81 B	16.54%
2022-12-31	NZ$0.70 B	8.22%
2021-12-31	NZ$0.64 B	9.77%
2020-12-31	NZ$0.59 B	27.88%
2019-12-31	NZ$0.46 B	-8.64%
2018-12-31	NZ$0.50 B	-3.79%
2017-12-31	NZ$0.52 B	25.55%
2016-12-31	NZ$0.41 B	2.07%
2015-12-31	NZ$0.41 B	40.67%
2014-12-31	NZ$0.29 B	0.39%
2013-12-31	NZ$0.29 B	12.61%
2012-12-31	NZ$0.25 B	41.24%
2011-12-31	NZ$0.18 B	26.25%
2010-12-31	NZ$0.14 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	NZ$0.13 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	NZ$8.03 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	NZ$45.2 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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