Ares Management (ARES) - Cash on Hand

Cash on Hand as of June 2024 : NZ$2.60 Billion

According to Ares Management 's latest financial reports the company has NZ$2.60 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	NZ$2.36 B	34.91%
2022-12-31	NZ$1.75 B	-13.91%
2021-12-31	NZ$2.03 B	38.52%
2020-12-31	NZ$1.47 B	33.13%
2019-12-31	NZ$1.10 B	49.87%
2018-12-31	NZ$0.73 B	-22.42%
2017-12-31	NZ$0.95 B	-17.46%
2016-12-31	NZ$1.15 B	180.65%
2015-12-31	NZ$0.41 B	-78.02%
2014-12-31	NZ$1.86 B	-11.18%
2013-12-31	NZ$2.10 B	-2.61%
2012-12-31	NZ$2.15 B	7.93%
2011-12-31	NZ$2.00 B

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
General Electric GE	NZ$27.19 B	945.96%	🇺🇸 USA
Newtek NEWT	NZ$63.18 M	-97.57%	🇺🇸 USA
Virtus Investment Partners VRTS	NZ$0.59 B	-77.07%	🇺🇸 USA
WisdomTree WT	NZ$0.32 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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