Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of December 2023 : ₹7.21 B

According to Otovo ASA's latest financial reports the company has ₹7.21 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Otovo ASA - Net assets on balance sheet (from 2020 to 2023)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹7.16 B	59.05%
2022-12-31	$₹4.50 B	2.06%
2021-12-31	$₹4.41 B	208%
2020-12-31	$₹1.43 B	-20.39%
2019-12-31	$₹1.79 B	96.56%
2018-12-31	$₹0.91 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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Otovo ASA (OTOVO.OL) - Net assets