Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of June 2024 : A$48.16 Million

According to Otovo ASA's latest financial reports the company has A$48.16 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.

Otovo ASA - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$82.39 M	189.14%
2022-12-31	A$28.49 M	-18.01%
2021-12-31	A$34.75 M	215.86%
2020-12-31	A$11 M	-64.53%
2019-12-31	A$31.02 M	62.57%
2018-12-31	A$19.08 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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