Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : A$2.43 Billion

According to Absa Bank's latest financial reports the company has A$2.43 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	A$2.23 B	-25.4%
2017-12-31	A$2.99 B	4.91%
2016-12-31	A$2.85 B	23.72%
2015-12-31	A$2.30 B	1.85%
2014-12-31	A$2.26 B	-0.23%
2013-12-31	A$2.26 B	-2.23%
2012-12-31	A$2.32 B	-1.54%
2011-12-31	A$2.35 B	-8.55%
2010-12-31	A$2.57 B	-16.8%
2009-12-31	A$3.09 B	23.5%
2008-12-31	A$2.50 B	-1.02%
2007-12-31	A$2.53 B	16.35%
2006-12-31	A$2.17 B	-7.28%
2005-12-31	A$2.34 B	2.78%
2004-12-31	A$2.28 B	22.41%
2003-12-31	A$1.86 B	106.07%
2002-12-31	A$0.90 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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