Norbit ASA (NORBT.OL) - Cash on Hand

Cash on Hand as of December 2024 : S$22.76 Million

According to Norbit ASA's latest financial reports the company has S$22.76 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	S$23.19 M	259.86%
2023-12-31	S$6.44 M	40.2%
2022-12-31	S$4.59 M	126.76%
2021-12-31	S$2.02 M	52.02%
2020-12-31	S$1.33 M	-43.53%
2019-12-31	S$2.36 M	247.99%
2018-12-31	S$0.67 M	-58.95%
2017-12-31	S$1.65 M	218.23%
2016-12-31	S$0.51 M	-61.13%
2015-12-31	S$1.33 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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