Norbit ASA (NORBT.OL) - Cash on Hand

Cash on Hand as of December 2024 : NZ$29.77 Million

According to Norbit ASA's latest financial reports the company has NZ$29.77 Million 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	NZ$30.25 M	292.07%
2023-12-31	NZ$7.71 M	42.88%
2022-12-31	NZ$5.4 M	146.01%
2021-12-31	NZ$2.19 M	57.14%
2020-12-31	NZ$1.39 M	-46.29%
2019-12-31	NZ$2.6 M	251.21%
2018-12-31	NZ$0.74 M	-57.45%
2017-12-31	NZ$1.74 M	235.87%
2016-12-31	NZ$0.51 M	-62.47%
2015-12-31	NZ$1.38 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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