Argo Blockchain (ARBK) - Cash on Hand

Cash on Hand as of June 2024 : NZ$6.71 M

According to Argo Blockchain's latest financial reports the company has NZ$6.71 M 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.

Argo Blockchain - Cash on Hand chart (from 2022 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2022-12-31	NZ$39.27 M	-84.09%
2021-12-31	NZ$0.24 B	1326.73%
2020-12-31	NZ$17.3 M	457.96%
2019-12-31	NZ$3.1 M	-92.16%
2018-12-31	NZ$39.54 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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