Payfare Inc. (PAY.TO)

Net assets on the balance sheet as of September 2024 : ₹5.51 Billion

According to Payfare Inc.'s latest financial reports the company has ₹5.51 Billion 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	8.33%
2021-12-31	$₹2.73 B	-491.63%
2020-12-31	$-₹0.7 Billion	-744.14%
2019-12-31	$₹0.10 B	-200.71%
2018-12-31	$-₹0.11 Billion	-942.34%
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