Global Industrial Company (GIC)

Cash on Hand as of June 2024 : $38.8 M

According to Global Industrial Company's latest financial reports the company has $38.8 M 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 Industrial Company - Cash on Hand chart (from 1996 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$34.4 M	20.7%
2022-12-31	$28.5 M	85.06%
2021-12-31	$15.4 M	-31.25%
2020-12-31	$22.4 M	-76.95%
2019-12-31	$97.2 M	-67.1%
2018-12-31	$0.29 B	60.11%
2017-12-31	$0.18 B	23.25%
2016-12-31	$0.14 B	-30.4%
2015-12-31	$0.21 B	30.36%
2014-12-31	$0.16 B	-9.04%
2013-12-31	$0.18 B	20.37%
2012-12-31	$0.15 B	54.88%
2011-12-31	$97.3 M	5.67%
2010-12-31	$92.07 M	57.91%
2009-12-31	$58.3 M	-49.72%
2008-12-31	$0.11 B	-9.42%
2007-12-31	$0.12 B	47.21%
2006-12-31	$86.96 M	22.61%
2005-12-31	$70.92 M	95.62%
2004-12-31	$36.25 M	-6.32%
2003-12-31	$38.7 M	-38.56%
2002-12-31	$62.99 M	72.76%
2001-12-31	$36.46 M	151.55%
2000-12-31	$14.49 M	-17.17%
1999-12-31	$17.5 M	-58.33%
1998-12-31	$42 M	-3.23%
1997-12-31	$43.4 M	23.3%
1996-12-31	$35.2 M

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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Global Industrial Company (GIC) - Cash on Hand