Navitas Petroleum (NVPT.TA)

Cash on Hand as of June 2024 : HK$1.45 Billion

According to Navitas Petroleum's latest financial reports the company has HK$1.45 Billion 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.

Navitas Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$0.84 B	34.47%
2022-12-31	HK$0.63 B	50.9%
2021-12-31	HK$0.41 B	-53.04%
2020-12-31	HK$0.88 B	393.39%
2019-12-31	HK$0.18 B	48.17%
2018-12-31	HK$0.12 B	-60.39%
2017-12-31	HK$0.30 B	2886.76%
2016-12-31	HK$10.29 M	-77.07%
2015-12-31	HK$44.88 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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Navitas Petroleum (NVPT.TA) - Cash on Hand