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

Cash on Hand as of June 2024 : $22.81 M

According to Algoma Central Corporation's latest financial reports the company has $22.81 M 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	21.54%
2021-12-31	$86.08 M	5.64%
2020-12-31	$81.48 M	459.94%
2019-12-31	$14.55 M	-22.27%
2018-12-31	$18.72 M	-65.82%
2017-12-31	$54.77 M	-43.4%
2016-12-31	$96.76 M	-36.18%
2015-12-31	$0.15 B	-31.54%
2014-12-31	$0.22 B	9.06%
2013-12-31	$0.20 B	62.59%
2012-12-31	$0.12 B	-0.21%
2011-12-31	$0.12 B	175.16%
2010-12-31	$45.49 M	294.26%
2009-12-31	$11.53 M	19.48%
2008-12-31	$9.65 M	-66.34%
2007-12-31	$28.69 M	-39.53%
2006-12-31	$47.44 M	6.78%
2005-12-31	$44.43 M	15.75%
2004-12-31	$38.38 M	-19.24%
2003-12-31	$47.53 M	43.99%
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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