Absolute Software (ABST) - Cash on Hand

Cash on Hand as of March 2023 : A$74.9 Million

According to Absolute Software's latest financial reports the company has A$74.9 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.

Absolute Software - Cash on Hand chart (from 1999 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	A$92.82 M	-50.47%
2021-06-30	A$0.18 B	174.78%
2020-06-30	A$68.2 M	33.82%
2019-06-30	A$50.97 M	9.92%
2018-06-30	A$46.37 M	8.29%
2017-06-30	A$42.82 M	-8.15%
2016-06-30	A$46.62 M	-42.05%
2015-06-30	A$80.45 M	29.76%
2014-06-30	A$62 M	27.83%
2013-06-30	A$48.5 M	-8.09%
2012-06-30	A$52.77 M	54.22%
2011-06-30	A$34.22 M	-11.44%
2010-06-30	A$38.63 M	-44.02%
2009-06-30	A$69.01 M	17.97%
2008-06-30	A$58.5 M	51.11%
2007-06-30	A$38.71 M	91.21%
2006-06-30	A$20.24 M	58.89%
2005-06-30	A$12.74 M	106.96%
2004-06-30	A$6.15 M	-36.81%
2003-06-30	A$9.74 M	-31.38%
2002-06-30	A$14.2 M	-34.45%
2001-06-30	A$21.66 M	-4.93%
2000-06-30	A$22.78 M	427.48%
1999-06-30	A$4.31 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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