Argo Blockchain (ARBK) - Cash on Hand

Cash on Hand as of June 2024 : C$5.63 M

According to Argo Blockchain's latest financial reports the company has C$5.63 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	C$33.83 M	-84.19%
2021-12-31	C$0.21 B	1248.3%
2020-12-31	C$15.86 M	485.18%
2019-12-31	C$2.71 M	-92.51%
2018-12-31	C$36.2 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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