Alcon (ALC) - Cash on Hand

Cash on Hand as of September 2024 : HK$12.16 Billion

According to Alcon's latest financial reports the company has HK$12.16 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.

Alcon - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$8.59 B	12.3%
2022-12-31	HK$7.65 B	-37.77%
2021-12-31	HK$12.30 B	1.16%
2020-12-31	HK$12.16 B	82.66%
2019-12-31	HK$6.65 B	229.58%
2018-12-31	HK$2.02 B	50.34%
2017-12-31	HK$1.34 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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