Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : ₹132.75 Billion

According to Absa Bank's latest financial reports the company has ₹132.75 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	₹110.00 B	-26.28%
2017-12-31	₹149.22 B	6.76%
2016-12-31	₹139.77 B	25.18%
2015-12-31	₹111.65 B	-4.94%
2014-12-31	₹117.45 B	-6.09%
2013-12-31	₹125.07 B	-5.31%
2012-12-31	₹132.08 B	3.29%
2011-12-31	₹127.88 B	8.98%
2010-12-31	₹117.35 B	-9.14%
2009-12-31	₹129.15 B	51.8%
2008-12-31	₹85.08 B	-2.18%
2007-12-31	₹86.97 B	14.34%
2006-12-31	₹76.06 B	-1.69%
2005-12-31	₹77.37 B	0.98%
2004-12-31	₹76.61 B	21.22%
2003-12-31	₹63.20 B	158.12%
2002-12-31	₹24.48 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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