Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : €1.49 Billion

According to Absa Bank's latest financial reports the company has €1.49 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	€1.37 B	-29.39%
2017-12-31	€1.94 B	-0.39%
2016-12-31	€1.95 B	27.25%
2015-12-31	€1.53 B	0.84%
2014-12-31	€1.52 B	3.94%
2013-12-31	€1.46 B	-19.62%
2012-12-31	€1.82 B	-2.03%
2011-12-31	€1.86 B	-5.45%
2010-12-31	€1.96 B	1.34%
2009-12-31	€1.94 B	53.44%
2008-12-31	€1.26 B	-16.58%
2007-12-31	€1.51 B	16.61%
2006-12-31	€1.30 B	-10.32%
2005-12-31	€1.45 B	11.29%
2004-12-31	€1.30 B	18.28%
2003-12-31	€1.10 B	125.73%
2002-12-31	€0.48 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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