Navitas Petroleum (NVPT.TA)

Cash on Hand as of June 2024 : C$0.26 Billion

According to Navitas Petroleum's latest financial reports the company has C$0.26 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	C$0.14 B	31.49%
2022-12-31	C$0.10 B	60.35%
2021-12-31	C$68.3 M	-53.34%
2020-12-31	C$0.14 B	383.91%
2019-12-31	C$30.24 M	42.84%
2018-12-31	C$21.17 M	-57.18%
2017-12-31	C$49.45 M	2673.4%
2016-12-31	C$1.78 M	-77.8%
2015-12-31	C$8.03 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