Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of December 2023 : ₹4.70 B

According to Otovo ASA's latest financial reports the company has ₹4.70 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.

Otovo ASA - Cash on Hand chart (from 2020 to 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	₹4.67 B	191.22%
2022-12-31	₹1.60 B	-14.55%
2021-12-31	₹1.87 B	203.97%
2020-12-31	₹0.61 B	-60.04%
2019-12-31	₹1.54 B	65.33%
2018-12-31	₹0.93 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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