Ares Management (ARES) - Cash on Hand

Cash on Hand as of June 2024 : C$2.12 Billion

According to Ares Management 's latest financial reports the company has C$2.12 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	C$1.98 B	31.35%
2022-12-31	C$1.51 B	-14.79%
2021-12-31	C$1.77 B	31.06%
2020-12-31	C$1.35 B	39.25%
2019-12-31	C$0.97 B	44.28%
2018-12-31	C$0.67 B	-20.61%
2017-12-31	C$0.84 B	-20.83%
2016-12-31	C$1.07 B	175.17%
2015-12-31	C$0.38 B	-77.05%
2014-12-31	C$1.69 B	-7.68%
2013-12-31	C$1.83 B	4.14%
2012-12-31	C$1.76 B	11.21%
2011-12-31	C$1.58 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
General Electric GE	C$22.19 B	945.96%	🇺🇸 USA
Newtek NEWT	C$51.57 M	-97.57%	🇺🇸 USA
Virtus Investment Partners VRTS	C$0.48 B	-77.07%	🇺🇸 USA
WisdomTree WT	C$0.26 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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