Global Crossing (GLBC) - Cash on Hand

Cash on Hand as of December 2010 : $0.37 Billion USD

According to Global Crossing's latest financial reports the company has $0.37 Billion USD 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	$0.37 B	-22.01%
2009-12-31	$0.47 B	32.5%
2008-12-31	$0.36 B	-9.32%
2007-12-31	$0.39 B	-13.51%
2006-12-31	$0.45 B	104.91%
2005-12-31	$0.22 B	-38.63%
2004-12-31	$0.36 B	25.86%
2003-12-31	$0.29 B	-31.44%
2002-12-31	$0.42 B
2000-12-31	$1.47 B	-9.58%
1999-12-31	$1.63 B	102.52%
1998-12-31	$0.80 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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