Philip Morris (PM) - Cash on Hand

Cash on Hand as of September 2024 : HK$33.13 Billion

According to Philip Morris's latest financial reports the company has HK$33.13 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.

Philip Morris - Cash on Hand chart (from 2006 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$23.89 B	-4.62%
2022-12-31	HK$25.05 B	-28.53%
2021-12-31	HK$35.05 B	-37.88%
2020-12-31	HK$56.43 B	5.62%
2019-12-31	HK$53.43 B	3.5%
2018-12-31	HK$51.62 B	-21.77%
2017-12-31	HK$65.99 B	100.77%
2016-12-31	HK$32.87 B	24.12%
2015-12-31	HK$26.48 B	103%
2014-12-31	HK$13.04 B	-21.89%
2013-12-31	HK$16.70 B	-27.76%
2012-12-31	HK$23.12 B	16.74%
2011-12-31	HK$19.80 B	49.44%
2010-12-31	HK$13.25 B	10.99%
2009-12-31	HK$11.94 B	0.93%
2008-12-31	HK$11.83 B	1.09%
2007-12-31	HK$11.70 B	-10.22%
2006-12-31	HK$13.03 B	39.06%
2005-12-31	HK$9.37 B
2003-12-31	HK$24.50 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Altria Group MO	HK$14.76 B	-55.45%	🇺🇸 USA
British American Tobacco BTI	HK$29.38 B	-11.32%	🇬🇧 UK
Vector Group VGR	HK$4.13 B	-87.51%	🇺🇸 USA
22nd Century Group XXII	HK$9.95 M	-99.97%	🇺🇸 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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