Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of December 2023 : NZ$0.13 B

According to Otovo ASA's latest financial reports the company has NZ$0.13 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	$NZ$0.13 B	58.72%
2022-12-31	$NZ$85.69 M	-0.86%
2021-12-31	$NZ$86.44 M	216.89%
2020-12-31	$NZ$27.27 M	-27.2%
2019-12-31	$NZ$37.46 M	91.1%
2018-12-31	$NZ$19.6 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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Otovo ASA (OTOVO.OL) - Net assets