Absolute Software (ABST) - Cash on Hand

Cash on Hand as of March 2023 : ₹4.55 Billion

According to Absolute Software's latest financial reports the company has ₹4.55 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.

Absolute Software - Cash on Hand chart (from 1999 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2022-06-30	₹5.05 B	-51.62%
2021-06-30	₹10.45 B	193.06%
2020-06-30	₹3.56 B	44.5%
2019-06-30	₹2.46 B	5.04%
2018-06-30	₹2.34 B	10.6%
2017-06-30	₹2.12 B	-9.37%
2016-06-30	₹2.34 B	-40.44%
2015-06-30	₹3.93 B	12.27%
2014-06-30	₹3.50 B	33.02%
2013-06-30	₹2.63 B	-12.16%
2012-06-30	₹3.00 B	83.46%
2011-06-30	₹1.63 B	7.68%
2010-06-30	₹1.51 B	-43.15%
2009-06-30	₹2.67 B	11.26%
2008-06-30	₹2.40 B	80.74%
2007-06-30	₹1.32 B	91.46%
2006-06-30	₹0.69 B	64.07%
2005-06-30	₹0.42 B	117.24%
2004-06-30	₹0.19 B	-35.46%
2003-06-30	₹0.30 B	-22.57%
2002-06-30	₹0.38 B	-25.24%
2001-06-30	₹0.52 B	-14.65%
2000-06-30	₹0.61 B	392.81%
1999-06-30	₹0.12 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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