Abivax (ABVX) - Cash on Hand

Cash on Hand as of December 2023 : HK$2.24 Billion

According to Abivax's latest financial reports the company has HK$2.24 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.

Abivax - Cash on Hand chart (from 2014 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	HK$0.22 B	-57.86%
2021-12-31	HK$0.53 B	91.85%
2020-12-31	HK$0.27 B	227.75%
2019-12-31	HK$85.24 M	-26.81%
2018-12-31	HK$0.11 B	-27.05%
2017-12-31	HK$0.15 B	-14.84%
2016-12-31	HK$0.18 B	-43.45%
2015-12-31	HK$0.33 B	1102.12%
2014-12-31	HK$27.58 M	-22.14%
2013-12-31	HK$35.42 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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