SpareBank 1 (SPOL.OL) - Cash on Hand

Cash on Hand as of September 2022 : $16.57 Million USD

According to SpareBank 1's latest financial reports the company has $16.57 Million USD 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	$52.03 M	-35.01%
2020-12-31	$80.06 M	-46.73%
2019-12-31	$0.15 B	-30.32%
2018-12-31	$0.21 B	162.93%
2017-12-31	$82.02 M	-6.71%
2016-12-31	$87.92 M	192.5%
2015-12-31	$30.06 M	-70.2%
2014-12-31	$0.10 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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