Norbit ASA (NORBT.OL) - Cash on Hand

Cash on Hand as of December 2024 : $17.06 Million USD

According to Norbit ASA's latest financial reports the company has $17.06 Million 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.

Norbit ASA - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2024-12-31	$17.06 M	249.65%
2023-12-31	$4.88 M	42.31%
2022-12-31	$3.42 M	128.67%
2021-12-31	$1.49 M	48.76%
2020-12-31	$1 M	-42.45%
2019-12-31	$1.75 M	252.63%
2018-12-31	$0.49 M	-59.81%
2017-12-31	$1.23 M	244.36%
2016-12-31	$0.35 M	-62.01%
2015-12-31	$0.94 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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