Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : £1.19 B

According to Absa Bank's latest financial reports the company has £1.19 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	£1.23 B	-28.69%
2017-12-31	£1.72 B	3.74%
2016-12-31	£1.66 B	47.18%
2015-12-31	£1.13 B	-4.86%
2014-12-31	£1.19 B	-2.89%
2013-12-31	£1.22 B	-17.83%
2012-12-31	£1.49 B	-4.08%
2011-12-31	£1.55 B	-8.63%
2010-12-31	£1.70 B	-1.84%
2009-12-31	£1.73 B	41.25%
2008-12-31	£1.22 B	10.61%
2007-12-31	£1.10 B	26.59%
2006-12-31	£0.87 B	-12.06%
2005-12-31	£0.99 B	8.1%
2004-12-31	£0.92 B	17.83%
2003-12-31	£0.78 B	145.8%
2002-12-31	£0.31 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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