Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : NZ$2.78 Billion

According to Absa Bank's latest financial reports the company has NZ$2.78 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	NZ$2.34 B	-28.72%
2017-12-31	NZ$3.29 B	10.82%
2016-12-31	NZ$2.96 B	20.96%
2015-12-31	NZ$2.45 B	3.79%
2014-12-31	NZ$2.36 B	-3.99%
2013-12-31	NZ$2.46 B	-15.99%
2012-12-31	NZ$2.93 B	-5.33%
2011-12-31	NZ$3.09 B	-8.75%
2010-12-31	NZ$3.39 B	-11.42%
2009-12-31	NZ$3.83 B	25.64%
2008-12-31	NZ$3.05 B	5.43%
2007-12-31	NZ$2.89 B	18.68%
2006-12-31	NZ$2.43 B	-3.09%
2005-12-31	NZ$2.51 B	1.46%
2004-12-31	NZ$2.47 B	16.1%
2003-12-31	NZ$2.13 B	118.88%
2002-12-31	NZ$0.97 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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