Navitas Semiconductor (NVTS)

Cash on Hand as of June 2024 : HK$0.87 B

According to Navitas Semiconductor's latest financial reports the company has HK$0.87 B 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 Semiconductor - Cash on Hand chart (from 2021 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.19 B	38.46%
2022-12-31	HK$0.86 B	-58.78%
2021-12-31	HK$2.09 B	594.04%
2020-12-31	HK$0.30 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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Navitas Semiconductor (NVTS) - Cash on Hand