Norbit ASA (NORBT.OL) - Cash on Hand

Cash on Hand as of December 2024 : C$24.68 Million

According to Norbit ASA's latest financial reports the company has C$24.68 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	C$24.48 M	278.28%
2023-12-31	C$6.47 M	39.1%
2022-12-31	C$4.65 M	143.47%
2021-12-31	C$1.91 M	48.69%
2020-12-31	C$1.28 M	-43.82%
2019-12-31	C$2.28 M	238.09%
2018-12-31	C$0.67 M	-56.46%
2017-12-31	C$1.55 M	222.17%
2016-12-31	C$0.48 M	-63.2%
2015-12-31	C$1.31 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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