Abacus Group (ABG.AX) - Cash on Hand

Cash on Hand as of June 2024 : $15.76 Million USD

According to Abacus Group's latest financial reports the company has $15.76 Million USD 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	$47.59 M	-60.81%
2022-06-30	$0.12 B	178.71%
2021-06-30	$43.57 M	-50.2%
2020-06-30	$87.48 M	-25.78%
2019-06-30	$0.11 B	-49.1%
2018-06-30	$0.23 B	133.83%
2017-06-30	$99.05 M	-42.43%
2016-06-30	$0.17 B	150.67%
2015-06-30	$68.64 M	-71.21%
2014-06-30	$0.23 B	16.96%
2013-06-30	$0.20 B	-26.87%
2012-06-30	$0.27 B	52.31%
2011-06-30	$0.18 B	7.5%
2010-06-30	$0.17 B	32.33%
2009-06-30	$0.12 B	-35.42%
2008-06-30	$0.19 B	-18.27%
2007-06-30	$0.24 B	90.92%
2006-06-30	$0.12 B	37.86%
2005-06-30	$92.59 M	33.1%
2004-06-30	$69.56 M	7.04%
2003-06-30	$64.99 M	125.77%
2002-06-30	$28.78 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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