Alcon (ALC) - Cash on Hand

Cash on Hand as of September 2024 : C$2.24 Billion

According to Alcon's latest financial reports the company has C$2.24 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.

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

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$1.46 B	9.81%
2022-12-31	C$1.32 B	-33.88%
2021-12-31	C$2.01 B	0.52%
2020-12-31	C$2.00 B	79.15%
2019-12-31	C$1.11 B	217.74%
2018-12-31	C$0.35 B	62.52%
2017-12-31	C$0.21 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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