How much cash does Kitron ASA have?

According to Kitron ASA's latest annual financial reports, the company has a total of $39.00M in cash and cash equivalents. This amount includes all liquid assets that can be readily converted into cash.

Additionally, Kitron ASA holds $398.43M in short-term investments, which are highly liquid assets that can be easily converted into cash within a short period.

In total, the company has $437.43M when combining cash and cash equivalents with short-term investments.

On a per-share basis, Kitron ASA has $2.21 in cash. This metric helps investors understand how much cash the company holds per outstanding share.

The company's free cash flow, which is the cash generated from operations after deducting capital expenditures, stands at $485.69M. This is an important indicator of financial health, showing the cash available for distribution to shareholders or reinvestment into the company.

Lastly, the company's cash position has experienced a growth rate of -85.70%, reflecting the increase in cash and cash equivalents over the specified period.

Kitron ASA Historical Cash on Hand

Cash on Hand History

The table below shows the amount of cash on hand for each year, with the latest data available for the last fiscal year 2023.

Year	Cash on Hand	Change
2023	$39.00M	-85.70%
2022	$272.70M	-36.29%
2021	$428.04M	180.55%
2020	$152.57M	-25.20%
2019	$203.98M	346.79%
2018	$45.65M	-72.61%
2017	$166.70M	50.77%
2016	$110.56M	4.10%
2015	$106.20M	5098.48%
2014	$2.04M	-94.90%
2013	$40.09M	-29.45%
2012	$56.82M	11.60%
2011	$50.92M	5.54%
2010	$48.24M	-54.16%
2009	$105.24M	6.33%
2008	$98.97M	-17.43%
2007	$119.87M	21.98%
2006	$98.26M	-13.22%
2005	$113.23M	276.61%
2004	$30.07M	-42.33%
2003	$52.13M	100.24%
2002	$26.04M	672.35%
2001	$3.37M	N/A