PaxMedica (PXMD) - Cash on Hand

Cash on Hand as of March 2024 : A$2.44 M

According to PaxMedica's latest financial reports the company has A$2.44 M 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.

PaxMedica - Cash on Hand chart (from 2020 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$6.91 M	147.39%
2022-12-31	A$2.79 M	357.6%
2021-12-31	A$0.61 M	-58.12%
2020-12-31	A$1.45 M	4008.89%
2019-12-31	A$0.03 M	168.28%
2018-12-31	A$0.01 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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