Global Crossing (GLBC) - Cash on Hand

Cash on Hand as of December 2010 : €0.32 Billion

According to Global Crossing's latest financial reports the company has €0.32 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	€0.27 B	-16%
2009-12-31	€0.33 B	29.29%
2008-12-31	€0.25 B	-5.29%
2007-12-31	€0.27 B	-21.84%
2006-12-31	€0.34 B	83.96%
2005-12-31	€0.18 B	-29.72%
2004-12-31	€0.26 B	16.82%
2003-12-31	€0.23 B	-43.08%
2002-12-31	€0.40 B
2000-12-31	€1.56 B	-3.42%
1999-12-31	€1.62 B	138.82%
1998-12-31	€0.67 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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