Abivax (ABVX) - Cash on Hand

Cash on Hand as of December 2023 : A$0.45 Billion

According to Abivax's latest financial reports the company has A$0.45 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.

Abivax - Cash on Hand chart (from 2014 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$42.48 M	-55.2%
2021-12-31	A$94.82 M	102.3%
2020-12-31	A$46.87 M	199.81%
2019-12-31	A$15.63 M	-25.96%
2018-12-31	A$21.11 M	-19.34%
2017-12-31	A$26.17 M	-21.96%
2016-12-31	A$33.54 M	-42.88%
2015-12-31	A$58.72 M	1251.48%
2014-12-31	A$4.34 M	-15.16%
2013-12-31	A$5.12 M

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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