Global Crossing (GLBC) - Cash on Hand

Cash on Hand as of December 2010 : A$0.55 Billion

According to Global Crossing's latest financial reports the company has A$0.55 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.

Global Crossing - Cash on Hand chart (from 1998 to 2010)

Cash on Hand by year

Year	Cash on Hand	Change
2010-12-31	A$0.36 B	-31.03%
2009-12-31	A$0.53 B	4.06%
2008-12-31	A$0.51 B	12.37%
2007-12-31	A$0.45 B	-22.01%
2006-12-31	A$0.58 B	90.2%
2005-12-31	A$0.30 B	-35.09%
2004-12-31	A$0.47 B	20.89%
2003-12-31	A$0.39 B	-48.04%
2002-12-31	A$0.75 B
2000-12-31	A$2.64 B	6.27%
1999-12-31	A$2.48 B	88.71%
1998-12-31	A$1.31 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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