Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of June 2024 : ₹5.06 B

According to Payfare Inc.'s latest financial reports the company has ₹5.06 B in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Payfare Inc. - Net assets on balance sheet (from 2019 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$₹4.47 B	51.13%
2022-12-31	$₹2.95 B	7.45%
2021-12-31	$₹2.75 B	-495.57%
2020-12-31	$-₹0.7 B	-739.38%
2019-12-31	$₹0.10 B	-201.95%
2018-12-31	$-₹0.11 B	-936.77%
2017-12-31	$₹12.76 M	-43.79%
2016-12-31	$₹22.7 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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Payfare Inc. (PAY.TO) - Net assets