Global Crossing (GLBC) - Cash on Hand

Cash on Hand as of December 2010 : NZ$0.64 Billion

According to Global Crossing's latest financial reports the company has NZ$0.64 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.

Global Crossing - Cash on Hand chart (from 1998 to 2010)

Cash on Hand by year

Year	Cash on Hand	Change
2010-12-31	NZ$0.48 B	-26.58%
2009-12-31	NZ$0.65 B	5.86%
2008-12-31	NZ$0.62 B	19.69%
2007-12-31	NZ$0.51 B	-20.45%
2006-12-31	NZ$0.65 B	98.8%
2005-12-31	NZ$0.32 B	-35.93%
2004-12-31	NZ$0.51 B	14.66%
2003-12-31	NZ$0.44 B	-44.8%
2002-12-31	NZ$0.80 B
2000-12-31	NZ$3.33 B	6.63%
1999-12-31	NZ$3.12 B	104.22%
1998-12-31	NZ$1.53 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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