Ares Management (ARES) - Cash on Hand

Cash on Hand as of June 2024 : HK$11.86 Billion

According to Ares Management 's latest financial reports the company has HK$11.86 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	HK$11.69 B	34.32%
2022-12-31	HK$8.70 B	-19.81%
2021-12-31	HK$10.86 B	31.9%
2020-12-31	HK$8.23 B	41.97%
2019-12-31	HK$5.79 B	49.66%
2018-12-31	HK$3.87 B	-26.56%
2017-12-31	HK$5.27 B	-14.74%
2016-12-31	HK$6.18 B	184.19%
2015-12-31	HK$2.17 B	-80.81%
2014-12-31	HK$11.34 B	-15.29%
2013-12-31	HK$13.39 B	-2.68%
2012-12-31	HK$13.76 B	13.53%
2011-12-31	HK$12.12 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
General Electric GE	HK$124.14 B	945.96%	🇺🇸 USA
Newtek NEWT	HK$0.28 B	-97.57%	🇺🇸 USA
Virtus Investment Partners VRTS	HK$2.72 B	-77.07%	🇺🇸 USA
WisdomTree WT	HK$1.46 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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