Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : S$0.94 Billion

According to Globus Medical's latest financial reports the company has S$0.94 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	S$0.68 B	14.36%
2022-12-31	S$0.59 B	-0.25%
2021-12-31	S$0.59 B	6.19%
2020-12-31	S$0.56 B	34.44%
2019-12-31	S$0.41 B	-9.48%
2018-12-31	S$0.46 B	-7.18%
2017-12-31	S$0.49 B	18.96%
2016-12-31	S$0.42 B	5.7%
2015-12-31	S$0.39 B	31.55%
2014-12-31	S$0.30 B	-0.17%
2013-12-31	S$0.30 B	16.54%
2012-12-31	S$0.25 B	40.58%
2011-12-31	S$0.18 B	28.41%
2010-12-31	S$0.14 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	S$0.10 B	-88.38%	🇺🇸 USA
Stryker Corporation SYK	S$6.34 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	S$40.7 M	-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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