Ares Management (ARES) - Cash on Hand

Cash on Hand as of June 2024 : A$2.33 Billion

According to Ares Management 's latest financial reports the company has A$2.33 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.

Ares Management - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$2.19 B	34.22%
2022-12-31	A$1.63 B	-14.74%
2021-12-31	A$1.92 B	39.08%
2020-12-31	A$1.38 B	29.87%
2019-12-31	A$1.06 B	51.41%
2018-12-31	A$0.70 B	-18.8%
2017-12-31	A$0.86 B	-21.87%
2016-12-31	A$1.10 B	187.07%
2015-12-31	A$0.38 B	-78.43%
2014-12-31	A$1.78 B	-7.7%
2013-12-31	A$1.93 B	13.34%
2012-12-31	A$1.70 B	12.24%
2011-12-31	A$1.52 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
General Electric GE	A$24.43 B	945.96%	🇺🇸 USA
Newtek NEWT	A$56.78 M	-97.57%	🇺🇸 USA
Virtus Investment Partners VRTS	A$0.53 B	-77.07%	🇺🇸 USA
WisdomTree WT	A$0.28 B	-87.63%	🇺🇸 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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