Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : C$2.26 Billion

According to Absa Bank's latest financial reports the company has C$2.26 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.

Absa Bank - Cash on Hand chart (from 2009 to 2018)

Cash on Hand by year

Year	Cash on Hand	Change
2018-12-31	C$2.14 B	-27.06%
2017-12-31	C$2.93 B	6.3%
2016-12-31	C$2.76 B	18.59%
2015-12-31	C$2.33 B	8.37%
2014-12-31	C$2.15 B	-0.21%
2013-12-31	C$2.15 B	-10.16%
2012-12-31	C$2.39 B	-2.45%
2011-12-31	C$2.45 B	-6.06%
2010-12-31	C$2.61 B	-10.62%
2009-12-31	C$2.92 B	36.08%
2008-12-31	C$2.15 B	-2.65%
2007-12-31	C$2.21 B	10.57%
2006-12-31	C$1.99 B	-0.11%
2005-12-31	C$2.00 B	-5.8%
2004-12-31	C$2.12 B	18%
2003-12-31	C$1.80 B	123.29%
2002-12-31	C$0.80 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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