Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of June 2024 : S$86.24 Million

According to Otovo ASA's latest financial reports the company has S$86.24 Million 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 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$S$0.11 B	55.75%
2022-12-31	$S$72.94 M	-8.86%
2021-12-31	$S$80.03 M	208.36%
2020-12-31	$S$25.95 M	-23.84%
2019-12-31	$S$34.07 M	89.56%
2018-12-31	$S$17.97 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