Alector (ALEC) - Cash on Hand

Cash on Hand as of September 2024 : HK$3.55 Billion

According to Alector 's latest financial reports the company has HK$3.55 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.

Alector - Cash on Hand chart (from 2017 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$4.28 B	-23.04%
2022-12-31	HK$5.56 B	-2.85%
2021-12-31	HK$5.73 B	78.94%
2020-12-31	HK$3.20 B	16.52%
2019-12-31	HK$2.74 B	20.91%
2018-12-31	HK$2.27 B	796.97%
2017-12-31	HK$0.25 B	-35.69%
2016-12-31	HK$0.39 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	HK$2.22 B	-37.36%	🇺🇸 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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