Global Crossing (GLBC) - Cash on Hand

Cash on Hand as of December 2010 : £0.27 Billion

According to Global Crossing's latest financial reports the company has £0.27 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	£0.24 B	-18.25%
2009-12-31	£0.29 B	20.01%
2008-12-31	£0.24 B	22.92%
2007-12-31	£0.19 B	-14.72%
2006-12-31	£0.23 B	80.4%
2005-12-31	£0.12 B	-31.68%
2004-12-31	£0.19 B	17.28%
2003-12-31	£0.16 B	-38.55%
2002-12-31	£0.26 B
2000-12-31	£0.98 B	-2.11%
1999-12-31	£1.01 B	108.41%
1998-12-31	£0.48 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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