Navitas Petroleum (NVPT.TA)

Cash on Hand as of June 2024 : $0.18 Billion USD

According to Navitas Petroleum's latest financial reports the company has $0.18 Billion USD 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	$0.10 B	34.52%
2022-12-31	$80.71 M	50.6%
2021-12-31	$53.59 M	-53.32%
2020-12-31	$0.11 B	395.67%
2019-12-31	$23.16 M	48.98%
2018-12-31	$15.54 M	-60.48%
2017-12-31	$39.33 M	2864.43%
2016-12-31	$1.32 M	-77.09%
2015-12-31	$5.79 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