Absolute Software (ABST) - Cash on Hand

Cash on Hand as of March 2023 : NZ$87.22 Million

According to Absolute Software's latest financial reports the company has NZ$87.22 Million 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	NZ$0.10 B	-48.91%
2021-06-30	NZ$0.20 B	175.22%
2020-06-30	NZ$72.97 M	37.05%
2019-06-30	NZ$53.24 M	5.04%
2018-06-30	NZ$50.69 M	12.88%
2017-06-30	NZ$44.9 M	-7.72%
2016-06-30	NZ$48.66 M	-46.64%
2015-06-30	NZ$91.2 M	36.7%
2014-06-30	NZ$66.72 M	16.59%
2013-06-30	NZ$57.22 M	-15.04%
2012-06-30	NZ$67.35 M	52.13%
2011-06-30	NZ$44.27 M	-6.42%
2010-06-30	NZ$47.31 M	-45.67%
2009-06-30	NZ$87.09 M	18.41%
2008-06-30	NZ$73.54 M	72.47%
2007-06-30	NZ$42.64 M	72.45%
2006-06-30	NZ$24.72 M	73.94%
2005-06-30	NZ$14.21 M	113.81%
2004-06-30	NZ$6.64 M	-40.52%
2003-06-30	NZ$11.17 M	-31.85%
2002-06-30	NZ$16.4 M	-39.85%
2001-06-30	NZ$27.26 M	-6.44%
2000-06-30	NZ$29.14 M	440.3%
1999-06-30	NZ$5.39 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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