Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : €1.41 B

According to Absa Bank's latest financial reports the company has €1.41 B 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	€1.37 B	-29.49%
2017-12-31	€1.94 B	-0.39%
2016-12-31	€1.95 B	27.06%
2015-12-31	€1.53 B	1.09%
2014-12-31	€1.52 B	3.89%
2013-12-31	€1.46 B	-19.71%
2012-12-31	€1.82 B	-1.95%
2011-12-31	€1.86 B	-5.69%
2010-12-31	€1.97 B	1.52%
2009-12-31	€1.94 B	54.96%
2008-12-31	€1.25 B	-16.53%
2007-12-31	€1.50 B	15.49%
2006-12-31	€1.30 B	-10.32%
2005-12-31	€1.45 B	24.04%
2004-12-31	€1.17 B	5.29%
2003-12-31	€1.11 B	127.51%
2002-12-31	€0.48 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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