Elopak ASA (ELO.OL) - Cash on Hand

Cash on Hand as of September 2024 : NZ$40.8 Million

According to Elopak ASA's latest financial reports the company has NZ$40.8 Million 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.

Elopak ASA - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$25.12 M	-53.11%
2022-12-31	NZ$53.57 M	33.18%
2021-12-31	NZ$40.22 M	177.76%
2020-12-31	NZ$14.48 M	-43.85%
2019-12-31	NZ$25.79 M	5.22%
2018-12-31	NZ$24.51 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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