Philip Morris (PM) - Cash on Hand

Cash on Hand as of September 2024 : $4.25 Billion USD

According to Philip Morris's latest financial reports the company has $4.25 Billion USD 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	$3.06 B	-4.58%
2022-12-31	$3.20 B	-28.67%
2021-12-31	$4.49 B	-38.24%
2020-12-31	$7.28 B	6.11%
2019-12-31	$6.86 B	4.06%
2018-12-31	$6.59 B	-21.95%
2017-12-31	$8.44 B	99.27%
2016-12-31	$4.23 B	24.06%
2015-12-31	$3.41 B	103.15%
2014-12-31	$1.68 B	-21.91%
2013-12-31	$2.15 B	-27.79%
2012-12-31	$2.98 B	16.98%
2011-12-31	$2.55 B	49.74%
2010-12-31	$1.70 B	10.58%
2009-12-31	$1.54 B	0.59%
2008-12-31	$1.53 B	2%
2007-12-31	$1.50 B	-10.44%
2006-12-31	$1.67 B	38.63%
2005-12-31	$1.20 B
2003-12-31	$3.16 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Altria Group MO	$1.89 B	-55.45%	🇺🇸 USA
British American Tobacco BTI	$3.77 B	-11.32%	🇬🇧 UK
Vector Group VGR	$0.53 B	-87.51%	🇺🇸 USA
22nd Century Group XXII	$5.34 M	-99.87%	🇺🇸 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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