SpareBank 1 (SPOL.OL) - Cash on Hand

Cash on Hand as of September 2022 : NZ$28.37 Million

According to SpareBank 1's latest financial reports the company has NZ$28.37 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.

SpareBank 1 - Cash on Hand chart (from 2016 to 2022)

Cash on Hand by year

Year	Cash on Hand	Change
2021-12-31	NZ$76.18 M	-31.35%
2020-12-31	NZ$0.11 B	-50.28%
2019-12-31	NZ$0.22 B	-30.6%
2018-12-31	NZ$0.32 B	178.39%
2017-12-31	NZ$0.11 B	-9.01%
2016-12-31	NZ$0.12 B	189%
2015-12-31	NZ$43.92 M	-65.88%
2014-12-31	NZ$0.12 B

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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