Bitfarms (BITF) - Cash on Hand

Cash on Hand as of September 2024 : NZ$0.25 Billion

According to Bitfarms's latest financial reports the company has NZ$0.25 Billion 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.

Bitfarms - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	NZ$0.18 B	228.31%
2022-12-31	NZ$55.82 M	-80.1%
2021-12-31	NZ$0.28 B	3303.84%
2020-12-31	NZ$8.24 M	157.1%
2019-12-31	NZ$3.2 M	289.55%
2018-12-31	NZ$0.82 M	-87.06%
2017-12-31	NZ$6.36 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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