Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : HK$12.23 Billion

According to Absa Bank's latest financial reports the company has HK$12.23 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.

Absa Bank - Cash on Hand chart (from 2009 to 2018)

Cash on Hand by year

Year	Cash on Hand	Change
2018-12-31	HK$12.32 B	-32.53%
2017-12-31	HK$18.25 B	14.48%
2016-12-31	HK$15.94 B	22.48%
2015-12-31	HK$13.02 B	-9.41%
2014-12-31	HK$14.37 B	-8.44%
2013-12-31	HK$15.69 B	-16.04%
2012-12-31	HK$18.69 B	-0.41%
2011-12-31	HK$18.77 B	-7.87%
2010-12-31	HK$20.38 B	-5.57%
2009-12-31	HK$21.58 B	57.78%
2008-12-31	HK$13.67 B	-20.84%
2007-12-31	HK$17.27 B	29.36%
2006-12-31	HK$13.35 B	0.2%
2005-12-31	HK$13.33 B	-3.04%
2004-12-31	HK$13.74 B	27.77%
2003-12-31	HK$10.76 B	170.22%
2002-12-31	HK$3.98 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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