Otovo ASA (OTOVO.OL)

Net assets on the balance sheet as of September 2024 : ₹4.52 Billion

According to Otovo ASA's latest financial reports the company has ₹4.52 Billion 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	$₹7.16 B	59.05%
2022-12-31	$₹4.50 B	2.18%
2021-12-31	$₹4.40 B	207.11%
2020-12-31	$₹1.43 B	-20.4%
2019-12-31	$₹1.80 B	95.9%
2018-12-31	$₹0.92 B

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