Globus Medical (GMED) - Cash on Hand

Cash on Hand as of September 2024 : $0.69 Billion USD

According to Globus Medical's latest financial reports the company has $0.69 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.

Globus Medical - Cash on Hand chart (from 2011 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.51 B	16.08%
2022-12-31	$0.44 B	0.59%
2021-12-31	$0.44 B	3.91%
2020-12-31	$0.42 B	37%
2019-12-31	$0.31 B	-8.27%
2018-12-31	$0.33 B	-9.13%
2017-12-31	$0.37 B	28.73%
2016-12-31	$0.29 B	3.3%
2015-12-31	$0.28 B	22.88%
2014-12-31	$0.22 B	-4.28%
2013-12-31	$0.23 B	12.49%
2012-12-31	$0.21 B	48.88%
2011-12-31	$0.14 B	27.72%
2010-12-31	$0.11 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
NuVasive NUVA	$80.71 M	-88.38%	🇺🇸 USA
Stryker Corporation SYK	$4.68 B	574.24%	🇺🇸 USA
Orthofix Medical OFIX	$26.36 M	-96.20%	🇺🇸 USA

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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