Allegro MicroSystems (ALGM)

Cash on Hand as of September 2024 : ₹16.03 Billion

According to Allegro MicroSystems's latest financial reports the company has ₹16.03 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.

Allegro MicroSystems - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-03-31	₹28.86 B	34.8%
2022-03-31	₹21.41 B	47.83%
2021-03-31	₹14.48 B	-10.44%
2020-03-31	₹16.17 B	133.5%
2019-03-31	₹6.92 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Photronics PLAB	₹51.50 B	221.26%	🇺🇸 USA
Power Integrations POWI	₹25.79 B	60.93%	🇺🇸 USA
PDF Solutions PDFS	₹10.20 B	-36.34%	🇺🇸 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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Allegro MicroSystems (ALGM) - Cash on Hand

Cash on Hand as of September 2024 : ₹16.03 Billion