Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of June 2024 : C$88.96 Million

According to Otovo ASA's latest financial reports the company has C$88.96 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	$C$0.11 B	54.53%
2022-12-31	$C$73.83 M	-2.14%
2021-12-31	$C$75.44 M	201.6%
2020-12-31	$C$25.01 M	-24.23%
2019-12-31	$C$33.01 M	84.17%
2018-12-31	$C$17.92 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