Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of June 2024 : NZ$55.4 Million

According to Otovo ASA's latest financial reports the company has NZ$55.4 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.

Otovo ASA - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$88.76 M	190.62%
2022-12-31	NZ$30.54 M	-17.21%
2021-12-31	NZ$36.89 M	214.59%
2020-12-31	NZ$11.72 M	-63.64%
2019-12-31	NZ$32.24 M	60.92%
2018-12-31	NZ$20.03 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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