Payfare Inc. (PAY.TO) - Cash on Hand

Cash on Hand as of September 2024 : A$88.98 Million

According to Payfare Inc.'s latest financial reports the company has A$88.98 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.

Payfare Inc. - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	A$74.85 M	46.98%
2022-12-31	A$50.92 M	-8.05%
2021-12-31	A$55.38 M	3246.83%
2020-12-31	A$1.65 M	59.44%
2019-12-31	A$1.03 M	205.35%
2018-12-31	A$0.33 M	49.39%
2017-12-31	A$0.22 M	31.28%
2016-12-31	A$0.17 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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