Alcon (ALC) - Cash on Hand

Cash on Hand as of September 2024 : $1.56 Billion USD

According to Alcon's latest financial reports the company has $1.56 Billion USD 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.

Alcon - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$1.10 B	12.35%
2022-12-31	$0.98 B	-37.9%
2021-12-31	$1.57 B	0.57%
2020-12-31	$1.56 B	83.51%
2019-12-31	$0.85 B	231.4%
2018-12-31	$0.25 B	50%
2017-12-31	$0.17 B

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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