Abivax (ABVX) - Cash on Hand

Cash on Hand as of December 2023 : ₹24.50 Billion

According to Abivax's latest financial reports the company has ₹24.50 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	₹2.39 B	-53.25%
2021-12-31	₹5.11 B	94.12%
2020-12-31	₹2.63 B	237.69%
2019-12-31	₹0.78 B	-24.95%
2018-12-31	₹1.04 B	-20.29%
2017-12-31	₹1.30 B	-20.58%
2016-12-31	₹1.64 B	-42.21%
2015-12-31	₹2.84 B	1161.42%
2014-12-31	₹0.22 B	-20.15%
2013-12-31	₹0.28 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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