Navitas Petroleum (NVPT.TA)

Cash on Hand as of June 2024 : NZ$0.31 Billion

According to Navitas Petroleum's latest financial reports the company has NZ$0.31 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.

Navitas Petroleum - Cash on Hand chart (from 2016 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.17 B	35.05%
2022-12-31	NZ$0.12 B	62.02%
2021-12-31	NZ$78.46 M	-50.69%
2020-12-31	NZ$0.15 B	362.66%
2019-12-31	NZ$34.39 M	48.39%
2018-12-31	NZ$23.17 M	-58.16%
2017-12-31	NZ$55.38 M	2791.33%
2016-12-31	NZ$1.91 M	-77.36%
2015-12-31	NZ$8.46 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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Navitas Petroleum (NVPT.TA) - Cash on Hand