Navitas Petroleum (NVPT.TA)

Cash on Hand as of June 2024 : A$0.28 Billion

According to Navitas Petroleum's latest financial reports the company has A$0.28 Billion 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.

Navitas Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$0.15 B	34.37%
2022-12-31	A$0.11 B	60.44%
2021-12-31	A$73.92 M	-50.49%
2020-12-31	A$0.14 B	351.33%
2019-12-31	A$33.08 M	49.91%
2018-12-31	A$22.06 M	-56.2%
2017-12-31	A$50.38 M	2637.07%
2016-12-31	A$1.84 M	-76.84%
2015-12-31	A$7.94 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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Navitas Petroleum (NVPT.TA) - Cash on Hand