O.Y. Nofar Energy (NOFR.TA)

Cash on Hand as of September 2024 : HK$1.30 Billion

According to O.Y. Nofar Energy's latest financial reports the company has HK$1.30 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.

O.Y. Nofar Energy - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	HK$1.45 B	-10.77%
2022-12-31	HK$1.63 B	-39%
2021-12-31	HK$2.67 B	129.36%
2020-12-31	HK$1.16 B	8281.5%
2019-12-31	HK$13.92 M	65.93%
2018-12-31	HK$8.38 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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O.Y. Nofar Energy (NOFR.TA) - Cash on Hand