Otovo ASA (OTOVO.OL) - Cash on Hand

Cash on Hand as of December 2023 : €50.65 M

According to Otovo ASA's latest financial reports the company has €50.65 M 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 2023)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	€50.77 M	180.89%
2022-12-31	€18.07 M	-18.38%
2021-12-31	€22.14 M	219.98%
2020-12-31	€6.92 M	-64.21%
2019-12-31	€19.34 M	64.84%
2018-12-31	€11.73 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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