Absa Bank (ABSP.JO) - Cash on Hand

Cash on Hand as of December 2018 : S$2.12 Billion

According to Absa Bank's latest financial reports the company has S$2.12 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.

Absa Bank - Cash on Hand chart (from 2009 to 2018)

Cash on Hand by year

Year	Cash on Hand	Change
2018-12-31	S$2.14 B	-31.24%
2017-12-31	S$3.12 B	5%
2016-12-31	S$2.97 B	25.25%
2015-12-31	S$2.37 B	-2.94%
2014-12-31	S$2.44 B	-4.53%
2013-12-31	S$2.56 B	-13.05%
2012-12-31	S$2.95 B	-5.77%
2011-12-31	S$3.13 B	-7.19%
2010-12-31	S$3.37 B	-13.68%
2009-12-31	S$3.90 B	54.37%
2008-12-31	S$2.53 B	-20.62%
2007-12-31	S$3.18 B	21.1%
2006-12-31	S$2.63 B	-8.01%
2005-12-31	S$2.86 B	-0.81%
2004-12-31	S$2.88 B	22.37%
2003-12-31	S$2.35 B	166.2%
2002-12-31	S$0.88 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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