Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of December 2023 : £42.77 M

According to Otovo ASA's latest financial reports the company has £42.77 M 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 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£44.05 M	174.89%
2022-12-31	£16.02 M	-13.91%
2021-12-31	£18.61 M	200.4%
2020-12-31	£6.19 M	-62.13%
2019-12-31	£16.36 M	55.35%
2018-12-31	£10.53 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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