Abacus Group (ABG.AX) - Cash on Hand

Cash on Hand as of June 2024 : NZ$26.89 Million

According to Abacus Group's latest financial reports the company has NZ$26.89 Million 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.

Abacus Group - Cash on Hand chart (from 2003 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-06-30	NZ$78.45 M	-59.79%
2022-06-30	NZ$0.19 B	212.95%
2021-06-30	NZ$62.33 M	-54.2%
2020-06-30	NZ$0.13 B	-22.38%
2019-06-30	NZ$0.17 B	-48.72%
2018-06-30	NZ$0.34 B	152.39%
2017-06-30	NZ$0.13 B	-43.9%
2016-06-30	NZ$0.24 B	140.64%
2015-06-30	NZ$0.10 B	-63.05%
2014-06-30	NZ$0.27 B	3.21%
2013-06-30	NZ$0.26 B	-24.21%
2012-06-30	NZ$0.34 B	56.8%
2011-06-30	NZ$0.22 B	-10.8%
2010-06-30	NZ$0.24 B	24.66%
2009-06-30	NZ$0.19 B	-23.81%
2008-06-30	NZ$0.26 B	-17.54%
2007-06-30	NZ$0.31 B	51.5%
2006-06-30	NZ$0.20 B	57.5%
2005-06-30	NZ$0.13 B	21.15%
2004-06-30	NZ$0.10 B	-1.75%
2003-06-30	NZ$0.11 B	88.46%
2002-06-30	NZ$59.23 M

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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