Alector (ALEC) - Cash on Hand

Cash on Hand as of June 2024 : NZ$0.83 Billion

According to Alector 's latest financial reports the company has NZ$0.83 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	NZ$0.86 B	-22.7%
2022-12-31	NZ$1.12 B	4.3%
2021-12-31	NZ$1.07 B	87.92%
2020-12-31	NZ$0.57 B	9.26%
2019-12-31	NZ$0.52 B	21.09%
2018-12-31	NZ$0.43 B	847.52%
2017-12-31	NZ$45.69 M	-37.74%
2016-12-31	NZ$73.39 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
ORIC Pharmaceuticals ORIC	NZ$0.47 B	-43.10%	🇺🇸 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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