Passage Bio (PASG) - Cash on Hand

Cash on Hand as of June 2024 : £69.92 M

According to Passage Bio's latest financial reports the company has £69.92 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.

Passage Bio - Cash on Hand chart (from 2019 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	£89.71 M	-42.76%
2022-12-31	£0.15 B	-32.83%
2021-12-31	£0.23 B	4.5%
2020-12-31	£0.22 B	86.5%
2019-12-31	£0.11 B	514.44%
2018-12-31	£19.48 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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