SpareBank 1 (SPOL.OL) - Cash on Hand

Cash on Hand as of September 2022 : A$25.5 Million

According to SpareBank 1's latest financial reports the company has A$25.5 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.

SpareBank 1 - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	A$71.77 M	-31.07%
2020-12-31	A$0.10 B	-51.49%
2019-12-31	A$0.21 B	-29.88%
2018-12-31	A$0.30 B	191.38%
2017-12-31	A$0.10 B	-13.86%
2016-12-31	A$0.12 B	195.61%
2015-12-31	A$41.26 M	-66.52%
2014-12-31	A$0.12 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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