Algoma Central Corporation (ALC.TO) - Cash on Hand

Cash on Hand as of September 2024 : $22.04 Million USD

According to Algoma Central Corporation's latest financial reports the company has $22.04 Million 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.

Algoma Central Corporation - Cash on Hand chart (from 1997 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$24.75 M	-76.34%
2022-12-31	$0.10 B	22.39%
2021-12-31	$85.48 M	4.89%
2020-12-31	$81.49 M	464.2%
2019-12-31	$14.44 M	-22.96%
2018-12-31	$18.74 M	-65.77%
2017-12-31	$54.77 M	-43.4%
2016-12-31	$96.76 M	-36.25%
2015-12-31	$0.15 B	-31.43%
2014-12-31	$0.22 B	9.07%
2013-12-31	$0.20 B	62.12%
2012-12-31	$0.12 B	0.01%
2011-12-31	$0.12 B	174.79%
2010-12-31	$45.55 M	294.32%
2009-12-31	$11.55 M	19.04%
2008-12-31	$9.7 M	-65.59%
2007-12-31	$28.19 M	-40.57%
2006-12-31	$47.44 M	6.78%
2005-12-31	$44.43 M	27.41%
2004-12-31	$34.87 M	-27.4%
2003-12-31	$48.03 M	45.51%
2002-12-31	$33.01 M	30.33%
2001-12-31	$25.33 M	661.62%
2000-12-31	$3.32 M	2.06%
1999-12-31	$3.25 M	-22.92%
1998-12-31	$4.22 M	-88.06%
1997-12-31	$35.41 M	870.14%
1996-12-31	$3.65 M

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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