Absolute Software (ABST) - Cash on Hand

Cash on Hand as of March 2023 : £37.51 Million

According to Absolute Software's latest financial reports the company has £37.51 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	£52.65 M	-48.19%
2021-06-30	£0.10 B	167.42%
2020-06-30	£37.99 M	34.75%
2019-06-30	£28.2 M	8.51%
2018-06-30	£25.98 M	2.82%
2017-06-30	£25.27 M	-2.99%
2016-06-30	£26.05 M	-33.97%
2015-06-30	£39.46 M	15.48%
2014-06-30	£34.17 M	17.33%
2013-06-30	£29.12 M	-15.47%
2012-06-30	£34.45 M	50.75%
2011-06-30	£22.85 M	5.9%
2010-06-30	£21.58 M	-36.31%
2009-06-30	£33.88 M	20.54%
2008-06-30	£28.11 M	71.67%
2007-06-30	£16.37 M	99.89%
2006-06-30	£8.19 M	49.02%
2005-06-30	£5.49 M	135.3%
2004-06-30	£2.33 M	-40.82%
2003-06-30	£3.94 M	-24.1%
2002-06-30	£5.2 M	-33.6%
2001-06-30	£7.83 M	-13.48%
2000-06-30	£9.05 M	399.39%
1999-06-30	£1.81 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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