Argo Blockchain (ARBK) - Cash on Hand

Cash on Hand as of June 2024 : A$6.23 M

According to Argo Blockchain's latest financial reports the company has A$6.23 M 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.

Argo Blockchain - Cash on Hand chart (from 2022 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	A$36.63 M	-84.24%
2021-12-31	A$0.23 B	1339.76%
2020-12-31	A$16.15 M	442.68%
2019-12-31	A$2.97 M	-92.1%
2018-12-31	A$37.65 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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