Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of June 2024 : C$43.8 Million

According to Otovo ASA's latest financial reports the company has C$43.8 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.

Otovo ASA - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	C$74.45 M	182.95%
2022-12-31	C$26.31 M	-18.06%
2021-12-31	C$32.11 M	197.66%
2020-12-31	C$10.78 M	-61.97%
2019-12-31	C$28.36 M	54.91%
2018-12-31	C$18.31 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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