Ares Management (ARES) - Cash on Hand

Cash on Hand as of June 2024 : £1.18 Billion

According to Ares Management 's latest financial reports the company has £1.18 Billion 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.

Ares Management - Cash on Hand chart (from 2013 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£1.17 B	27.6%
2022-12-31	£0.92 B	-10.71%
2021-12-31	£1.03 B	32.41%
2020-12-31	£0.77 B	37.22%
2019-12-31	£0.56 B	45.67%
2018-12-31	£0.38 B	-21.99%
2017-12-31	£0.49 B	-22.74%
2016-12-31	£0.64 B	241.14%
2015-12-31	£0.18 B	-79.83%
2014-12-31	£0.93 B	-10.27%
2013-12-31	£1.04 B	-4.68%
2012-12-31	£1.09 B	9.39%
2011-12-31	£1.00 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
General Electric GE	£12.35 B	945.96%	🇺🇸 USA
Newtek NEWT	£28.7 M	-97.57%	🇺🇸 USA
Virtus Investment Partners VRTS	£0.27 B	-77.07%	🇺🇸 USA
WisdomTree WT	£0.14 B	-87.63%	🇺🇸 USA

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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