Norbit ASA (NORBT.OL) - Cash on Hand

Cash on Hand as of December 2024 : A$27.22 Million

According to Norbit ASA's latest financial reports the company has A$27.22 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.

Norbit ASA - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	A$27.43 M	282.98%
2023-12-31	A$7.16 M	42.15%
2022-12-31	A$5.03 M	143.61%
2021-12-31	A$2.06 M	57.78%
2020-12-31	A$1.31 M	-47.6%
2019-12-31	A$2.5 M	254.81%
2018-12-31	A$0.7 M	-55.46%
2017-12-31	A$1.58 M	217.95%
2016-12-31	A$0.49 M	-61.61%
2015-12-31	A$1.29 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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